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Colliers Tapped to Sell Boston Common-Facing Development Site
Colliers International’s Capital Markets team has been tapped to market 125 Tremont Street, a three-story building overlooking Boston Common. The property is a prime candidate for redevelopment and/or repositioning, according to Colliers.
The existing property offers 15,000 rentable square feet atop 0.18 acres and 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. Christopher Sower, Bruce Lusa, Jonathan Bryant, John Flaherty, Frank Petz, Caleb Hudak and Adam Schneier of Colliers have been tapped to handle the assignment.
“From transit and amenities to visibility and views, 125 Tremont is an incredibly unique opportunity in the epicenter of development,” said 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.”
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