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Flagship Restaurant Opportunity Flagship DOWNTOWN BOSTON FLAGSHIP RESTAURANT OPPORTUNITY FLAGSHIP RESTAURANT TRAFFIC DRIVERS RETAIL & DINING LOCATION & VISITORS HOTEL ACCESS 36 MSF of office space b.good, Clover, DSW, South of City Hall Plaza/ 10+ hotels within one mile Immediate access to MBTA within 0.5-mile radius Equinox, Forever 21, GEM Government Center, across Blue, Green, Orange and 1,450+ rooms in immediate Nightclub & Bar, Mast’, King the street from historic Old Red Lines plus multiple bus OPPORTUNITY neighborhood stops Adjacent to the Freedom Street Tavern, PAUL Bakery, State House. Trail (4M annual visitors) Primark, Roche Bros, Ruth’s Less than 0.5 mile away from 10-minute walk to South Chris Steak House, Staples, Station, just under 14 minutes New luxury residential Faneuil Hall Marketplace Starbucks, Thirst Juice Co., to North Station (both projects within walking (70+ local/national retailers, and many more Amtrak, commuter rail and distance 18M annual visitors) MBTA service) 7,086 SF available at One Boston Place in the heart of Downtown Boston • Complete with sunny, outdoor patio seating, ventilation shaft and utilities brought to the space, this property is being prepared for delivery Fall 2016 • Views of the Boston Harbor, the Custom House tower and the Rose Kennedy Greenway • 20-foot ceilings (variable) with large, floor-to-ceiling windows • Designated entry vestibule and shared loading dock on-site • Available mezzanine and lower-level spaces, if desired • Walkable to the entire Downtown submarket within 10 minutes • Opportunity for nearby parking and possible valet The asset is owned by a partnership between TIAA and Ivanhoe Cambridge, two large global real estate industry leaders with a long-tem view of this property LOCATION OVERVIEW The immediate Downtown submarket is one of the most active districts in New England, boasting the region’s highest pedestrian count. Recent PAUL Bakery at One Boston Place office deals with BNY Mellon, Sonos, Carbonite, Arnold (Havas) and many more have further strengthened this neighborhood. Residential activity is robust with the most expensive condo at Millennium Tower under agreement ($37M at time of production) in addition to boasting 90% of the 442 units have been sold. Millennium Tower will be the tallest residential building in Boston. This project is complemented by other nearby luxury residential projects Millennium Place (256 units), 45 Province Street (145 units), The Residences at the Ritz (209 units), The Residences at the W Hotel (123 units) and many, many more. Recent retail transactions have been a huge boost of strength to this neighborhood. Wildly successful openings include grocer Roche Bros., apparel giants Primark and Forever 21 (coming soon), and new dining selections such as Pret A Manger, PAUL Bakery, Caffé Nero, LX by Legal Seafoods and Clover among several others. The Burnham Building, Primark & Roche Bros. (Millennium Tower behind) One Boston Place from State Street DEMOGRAPHICS DOWNTOWN 0.25 MI. 0.5 MI. 0.75 MI. 1 MILE 2015 EST. POPULATION 1,943 20,549 41,413 49,699 HIGHLIGHTS 2015 EST. HOUSEHOLDS 1,026 11,123 22,021 26,199 NEW ENGLAND 2015 EST. AVG. HOUSEHOLD ROWES WHARF $128,425 $123,802 $116,802 $116,675 AQUARIUM INCOME 2015 EST. DAYTIME MARRIOTT 84,600 184,465 260,901 315,775 POPULATION LONG WHARF ROSE KENNEDY GREENWAY MARRIOTT CUSTOM HOUSE RESIDENTIAL THE FEDERAL RESERVE FINANCIAL BANK OF BOSTON • Millennium Place: 256 luxury, residential units DISTRICT • Millennium Tower SOUTH STATION • 60 stories, tallest building in Boston ONE BOSTON PLACE MILLENNIUM TOWER (MBTA/AMTRAK) POST OFFICE • 442 luxury condominiums, $1.5B in condominium sales 60 STORIES, 442 CONDOS ($1.5B IN FANEUIL HALL/ 28 STATE STREET SQUARE CONDO SALES), 95,000 SF RETAIL • 95,000 SF retail QUINCY MARKET 45 PROVINCE MAST’ RETAIL H&M SCHOLAR’S • The Burnham Building T.J. MAXX 28 STATE STREET THE BURNHAM BUILDING MARSHALL’S FORMER FILENE’S BASEMENT, • PRIMARK: 77,000 SF, first U.S. location HYATT REGENCY 60 STATE STREET HAVAS/ARNOLD WORLDWIDE BOSTON SPORTS CLUB ROCHE BROS: 25,000 SF, first urban Boston location/format • PRIMARK (1ST U.S. LOCATION) CITY HALL PLAZA/ MILLENNIUM PLACE ROCHE BROS. GOVERNMENT NEW, 256 LUXURY HOTEL CENTER GAP OUTLET RESIDENTIAL UNITS NINE ZERO • The Godfrey Hotel Boston MACY’S LEGAL CROSSING THE OCEANAIRE SEAFOOD ROOM HIGHBALL LOUNGE DSW THE RITZ CARLTON BOSTON COMMON • Opened in Fall 2015 on Washington Street (formerly Black CAFFÉ NERO and Amory office buildings) DOWNTOWN PAPAGAYO EQUINOX RUTH’S CHRIS STEAK HOUSE ARTISAN RESTARANT • 242-key, upscale boutique hotel aimed at young/tech guests CROSSING BLU RESTAURANT OMNI PARKER HOUSE HOTEL SUFFOLK UNIVERSITY LAW SCHOOL UNIVERSITIES & COLLEGES SIP WINE BAR THE KENSINGTON • Suffolk University and Emerson College make up over 1 MSF of real YVONNE’S SUPPER CLUB estate in Downtown Crossing (over 50+ colleges and universities SALVATORE’S STODDARD’S RESTAURANT 49 SOCIAL Greater Boston) NO. 9 PARK BOSTON OPERA HOUSE J.M. CURLEY’S AMC THEATRE RECREATION THE GODFREY BOSTON COMMON BOSTON COMMON THEATRE DISTRICT RECENTLY OPENED, 242-KEY, UPSCALE • Short walk to multiple public parks (Rose Kennedy Greenway, Dewey MASSACHUSETTS BOUTIQUE HOTEL (YOUNG/TECH GUESTS) Square, Boston Common, Post Office Square) STATE HOUSE RETAIL RECENT OFFICE RESIDENTIAL ADDITIONS HOTEL TO MARKET FRANKLIN STREET STATE STREET SUMMER STREET ARCH STREET RADIAN BOSTON COMING SOON COMING SOON COMING SOON 95,000 SF RETAIL WASHINGTON STREET MILLENNIUM TOWER COURT STREET COMING SOON ONE BOSTON PLACE MILLENNIUM PLACE WASHINGTON STREET THE KENSINGTON WINTER STREET LEGAL CROSSING YVONNE’S SUPPER CLUB AMES HOTEL (60 STATE FLOOR KING’S STREET TAVERN STREET) COURT STREET 28 STATE PLANS STREET • 20-foot ceilings (variable) • Restaurant-ready with utilities planned in space PROPOSED PATIO AREA • Bright, windowed-space COURT SQUARE • Proposed outdoor seating OLD STATE HOUSE 7,0864,539 SFSF 4,5397,086 SF AVAILABLE (STREET LEVEL) (53 STATE AVAILABLE (MEZZANINE LEVEL) STREET) ACCESS TO MAIN LOBBY GLASS FAÇADE (TBD) BNY MELLON BRANCH TO STREET LEVEL TO MEZZANINE DIRECT ACCESS TO LOADING DOCK AND TRASH STREET WASHINGTON PRET A MANGER OFFICE LOBBY SHARED LOADING DOCK STARBUCKS MEZZANINE LEVEL STREET LEVEL FOR MORE INFORMATION JEREMY GROSSMAN Senior Vice President/Partner +1 617 912 6861 [email protected] ANDREA DESIMONE First Vice President +1 617 912 6873 [email protected] CB Richard Ellis – N.E. Partners, LP, a CBRE Joint Venture CBRE/NEW ENGLAND • 33 ARCH STREET, FLOOR 28 • BOSTON, MA 02110 • +1 617 912 7000, FAX +1 617 912 7001 • WWW.CBRE-NE.COM © 2016 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners..
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