BOSTON, MA, SEPTEMBER 14, 2020 – Colliers International’s Capital Markets team recently brought to market an exciting, redevelopment opportunity mere steps from the Park Street MBTA station (Green Line and Red Line). Located at 125 Tremont Street at the convergence of Park and Tremont, the existing three-story building offers approximately 15,000 rentable square feet atop 0.18 acres overlooking the Boston Common. It is fully leased through 2022, providing in-place income but with a comfortable timeline for an investor to explore and fully develop a repositioning/redevelopment strategy, should it so choose. Current zoning for the Midtown Cultural District allows for an 8 FAR by right and as high as a 10 FAR with Large Project Review. Learn more at 125tremont.colliers.com.
“From transit and amenities to visibility and views, 125 Tremont is an incredibly unique opportunity in the epicenter of development,” shared Colliers Executive Vice President Christopher Sower. “With a location that essentially connects Back Bay, Downtown Crossing and the Financial District all steps from nearly every subway line in Boston, we anticipate strong interest from the full gamut of investor types.”
In addition to Sower, the Capital Markets team is joined by Multifamily Advisory Group specialists Senior Vice President Bruce Lusa, Assistant Vice Presidents Jonathan Bryant and John Flaherty; Investment Sales specialists Managing Director Frank Petz and Senior Vice President Caleb Hudak; and Urban Leasing specialist Vice President Adam Schneier.
About Colliers International
Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 18,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.
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