Boston, Massachusetts (December 12, 2018) – Boston Realty Advisors, the leading independently owned, full-service real estate advisory and brokerage firm in Massachusetts, announced today that its office leasing team was selected by GTI Properties, the largest holder of commercial office property in Boston’s South End, to market and lease the existing vacancy in its SoWa office portfolio.
Well known for developing emerging city neighborhoods – GTI transformed the historic mill buildings just south of Washington Street in the late 90s – Created the vibrant submarket known as SoWa – The epicenter for chic artists, new residents, fine dining, thriving retail and creative businesses in Boston’s South End.
Boston Realty Advisors is experienced working with and representing some of the largest private owners in Boston; including Synergy Investments, The D.L. Saunders Real Estate Corp, Ashkenazy Acquisition, Sawyer Realty Trust and The Druker Company. This is the first time that GTI has hired a third party brokerage firm to lease its vacant office space. William H. Catlin, Jr., Partner and Managing Director at Boston Realty Advisors said, “We have a unique approach and strategic process that’s complimented by flexibility and accessibility. This combination positions our team to achieve our client’s leasing objectives.”
Peter Bean, Bonny Doorakian and Robert LeClair are the three seasoned members of the Downtown Boston Realty Advisors leasing team assigned to the GTI engagement. “After 30-years of in-house leasing at GTI, we’re honored to have been selected to represent GTI and its existing office opportunities,” said Bonny Doorakian. The collaboration with Boston Realty Advisors will commence with the marketing of three featured GTI office spaces in SoWa; each with competitive rents and minimal operating expenses.
The opportunities consist of – 15,895 RSF on the fifth floor at 560 Harrison Avenue as well as 11,000 RSF on the first floor and 8,000 RSF on the third floor in 580 Harrison Avenue. Each space provides high ceilings, genuine brick and beam aesthetics and an abundance of natural light from three sides of windows. 560 and 580 Harrison Avenue are both 6-story buildings; encompassing a total of 200k SF and 100k SF, respectively.
Tenants within GTI’s Harrison Avenue portfolio include Boston Sports Club, Shawmut Design and Construction, McCarthy Mambro Bertino (MMB), Listen, Inc. and Machado Silvetti Architects. The portfolio has the added benefit of housing multiple restaurants, including Gaslight Brasserie du Coin, Greenlight Café and Cinquecento. “The transformation has been nothing short of incredible,” said Seth Woods, owner of Gaslight.
SoWa has an amenity-rich streetscape including numerous restaurants, art studios, Whole Foods, fitness centers (one with a pool), and hip coffee shops. The two office buildings located on Harrison Avenue have plenty of onsite surface parking and are situated adjacent to interstates 90 and 93, and is walking distance from the MBTA Silver, Red and Orange Lines; with rush hour shuttle service.
For more information about the GTI office opportunities, please visit the SoWa Boston website at sowaboston.com.