Properties
Harbor Corporate Center
Boston, MA
Harbor Corporate Center
Overview
Harbor Corporate Center is located within the South Boston Waterfront District and is situated near the Fort Point Channel. Harbor Corporate Center is in the perfect position and has the most suited layouts and floor plates to drastically benefit from the Boston CBD and the Waterfront District's projected growth. Constructed in 1904 and designed and used for heavy bulk storage, Harbor Corporate Center experienced a complete high-quality renovation from 2001 through 2004 that transformed it into a Class A office type building. The first class renovations and the building's original high ceilings, brick and beam construction and the large windows have attracted large professional service companies including Elkus/Manfredi Architects, Circle Company Associates, and BH+A.
Description
Propelled by the City of Boston's 100 Acres Plan to transform the once dull industrial and maritime neighborhood into a community for Boston’s artists, professionals, and trendsetters, investment in the office product in the Waterfront District has been very strong. Investor interest and current building renovations and conversions has also lowered this submarket's vacancy rates and increased rents. Tenants have convenient access to public transportation, parking garages, and major freeways. Further, Boston's South Station, with bus, rail, and subway service, is within walking distance of the Harbor Corporate Center.
Results
Vacancy at the Property remains low and the Property continues to perform in line with expectations.