Survey of Available Space
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- Abner Phelps
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1 Survey of Available Space Prepared for: Prepared by: 99 High Street, 30th Floor Boston, MA January 6, 2017
2 TABLE OF CONTENTS Building Address City MAP # Broadway Chelsea Eastern Avenue Chelsea Eastern Avenue Chelsea McClellan Highway East Boston Marginal Street Chelsea Marginal Street Chelsea Marginal Street Chelsea Condor Street East Boston Maple Street 260 Maple Street Chelsea Chelsea 383 Second Street Everett Beacham Street 201 Rover Street Everett Everett 425 Medford Street Charlestown Rutherford Avenue Charlestown 9 99 Foley Street Somerville Talbot Avenue Medford Fawcett Street 67 Mooney Street Cambridge Cambridge Harding Street Somerville 14 9 East Street Cambridge West 1 st Street Boston Massachusetts Avenue Roxbury Hampden Street Roxbury Norfolk Avenue Roxbury William T Morrissey Blvd Dorchester William T Morrissey Blvd Dorchester Dorchester Avenue Boston Columbia Road Boston 21 Wolcott Square Assemblage Readville Freeport Street Dorchester Commander Shea Boulevard Quincy Cummins Highway Hyde Park Business Street Hyde Park 26 1 Westinghouse Plaza Hyde Park 27 Readville Yard 5 Hyde Park Meadow Road Building 100 Boston Sprague Street Hyde Park River Street Dedham Stergis Way Dedham University Avenue Norwood West Street Braintree Campanelli Drive Braintree 34 Commerce Drive Braintree 35 1 Kelleway Drive Randolph
3 Survey Map 0 mi Copyright and (P) Microsoft Corporation and/or its suppliers. All rights reserved. Certain mapping and direction data 2010 NAVTEQ. All rights reserved. The Data for areas of Canada includes information taken with permission from Canadian authorities, including: Her Majesty the Queen in Right of Canada, Queen's Printer for Ontario. NAVTEQ and NAVTEQ ON BOARD are trademarks of NAVTEQ Tele Atlas North America, Inc. All rights reserved. Tele Atlas and Tele Atlas North America are trademarks of Tele Atlas, Inc by Applied Geographic Systems. All rights reserved.
4 BROADWAY, CHELSEA SXC Hotels 1.45 acres Highway Access: Route 1 This 1.45 acres land site was purchased in 2015 by a hotel developer. They plan on building a hotel, however, they would entertain leasing the land to a third party for a short term while they go through approval process with the town.
5 Rutherford Ave 111 EASTERN AVENUE, CHELSEA Highway Access: InterPark Corporate acres Route 1/ Route 1A This 20 acre property is utilized as a parking lot for people flying out of Logan Airport. Transwestern has multiple calls into the owner to see if they would lease a portion of the lot to a third party and we are awaiting a response.
6 280 EASTERN AVENUE, CHELSEA 47,646 Highway Access: UPS Supply Chain 5.45 acres TBD Route 1/ Route 1A This 48,000 SF industrial building sits on 5.45 acres and is owned and occupied by UPS. They would be open to leasing some of their excess parking spaces to a third party.
7 175 MCCLELLAN HIGHWAY, EAST BOSTON 400,000 Highway Access: Bulgroup Properties acres 1.38/ 1,000 SF Route 1A 400,000 SF industrial building that sits on acres. The building has 106,000 SF of available space for lease, with an asking rent that ranges from $8 12 NNN.
8 239 MARGINAL STREET, CHELSEA Highway Access: Enterprise Holdings 3.98 acres Route 1/ Route 1A This 3.98 parking lot is owned and used by Enterprise Rent A Car and is not on the market for sale or lease. Transwestern spoke with Enterprise and they don t have enough vacant land here to lease out.
9 MARGINAL STREET, CHELSEA Highway Access: 245 & 257 Marginal St LLC 6.37 acres TBD Route 1/ Route 1A This 6.37 acre land site is on the market for sale. Located in Chelsea on water front. Owner would consider leasing a portion of the property to a third party
10 250 MARGINAL STREET, CHELSEA Highway Access: Rubicon Real Estate 1.72 acres TBD Route 1/ Route 1A This 1.72 acre lot is a flat, covered with dirt and is square shaped. Not on the market for sale or lease, however, the owner is open to the idea of leasing the lot to a third party for a short term period.
11 CONDOR STREET Summary of Available Space 54,720 SF A Waterfront Realty Inc acres 1.04/1,000 SF Highway Access: Route 1 54,720 SF industrial building located on the water that is fully leased and there is a portion of the parking lot that is not being utilized. Owner would entertain a short term lease to a third party Rutherford Ave
12 201 MAPLE STREET, CHELSEA Arnold Massirman & Corey Levine 2.30 acres TBD Highway Access: Route 1 This 2.30 acres site previously had a 16,750 SF industrial building that was demolished. This land site is located right on Route 1. The property is not on the market for sale, however, the owner would entertain an offer to either purchase or lease the property.
13 260 MAPLE STREET, CHELSEA 1 North of Boston 2 LLC 1.01 acres TBD Highway Access: Route 1 This 1.01 acre property is vacant land. The land is not on the market for sale and Transwestern called the owner of the property and is awaiting a response. There are also to adjacent lots that combine for 0.74 acres, so there is the potential for 1.75 acres to be made available.
14 383 SECOND STREET, EVERETT 17,300 LGM Properties LLC 1.61 acres 0.87/ 1,000 SF Highway Access: Route 1 17,000 SF industrial building on 1.61 acres that is on the market for sale. The building was constructed in 1900 and the existing buildout consists of roughly 14,900 Sf of warehouse and 2,400 SF of office. The building has 1 tailboard dock and 1 overhead drive in door. Ceiling height ranges from 12 to 18.
15 212 BEACHAM STREET, EVERETT 4,650 Cassano Development 1.38 acres 3.66/1,000 SF Highway Access: Route 1 This 4,650 industrial building, which sits on 1.38 acres of land, is on the market for sale with an asking price of $4M. The property is also on the market for lease. The existing buildout consists of 2,976 SF of office space and 1,674 SF of industrial space. The industrial space 4 tailboard loading docks and 2 overhead drive in doors.
16 Rutherford Ave 201 ROVER STREET, EVERETT Boston Sand & Gravel Company acres Highway Access: Route 1 This acres site is on the market for sale. Owner would also contemplate leasing the land out.
17 Rutherford Ave 425 MEDFORD STREET, CHARLESTOWN 186,818 The Flatley Company 4.10 acres 2.00/1,000 SF Highway Access: Exit 28 off I 93 This 187,000 SF manufacturing building sits on over 4 acres and has 182,000 SF of available space for lease. The building has 21 tailboard loading docks and 1 overhead drive in door with a ceiling height that ranges from 15 to 25. There is ample parking in the rear of the building along the water. Transwestern is confirming whether or not that owner is open to leasing out a portion of the parking lot.
18 RUTHERFORD AVENUE, CAMBRIDGE 36,368 SF Olympia Moving & Storage 1.28 acres 1.25/1,000 SF Highway Access: Interstate 93 36,368 SF building that sits on 1.28 acres of land. The property is not on the market for sale or lease. Transwestern is following up with availability details Rutherford Ave
19 99 FOLEY STREET, SOMERVILLE Federal Realty Investment Trust 1.68 acres 0.47/1,000 SF Highway Access: Interstate 93 This 1.68 acre land site previously had a 54,000 SF flex building that was demolished. The property is located right outside of Assembly Square. Sold in September of 2010 for $3.5m and is currently not on the market for sale or lease. Owner would contemplate leasing out to third party Rutherford
20 24 TALBOT AVENUE, MEDFORD Highway Access: FPM LLC 23,000 SF Blue Hill Avenue 23,000 SF lot that ownership is in the process of cleaning out.
21 FAWCETT STREET, CAMBRIDGE 45,000 SF Belam Realty, LLC 2.41 acres TBD Highway Access: Route 2 Multi building property totaling 45,000 SF sitting on 2.41 acres. The property is fully leased, however, it appears that there is excess parking spaces that are not being utilized by the current tenant. Transwestern spoke with the owner and there is not adequate space on the property for this requirement Rutherford Ave
22 67 MOONEY STREET, CAMBRIDGE 5,680 SF Charles Mabardy 1.04 acres Highway Access: Route 2 This 1.04 site has a 5,000 SF industrial building and the rest is open land. The owner is an excavation company that owns a number of properties on Mooney Street. Building is not on the market for sale. Transwestern has a call into the Landlord to see if they would be open to leasing or selling this property and are awaiting a response.
23 29 HARDING STREET, SOMERVILLE 30,000 SF Gentle Giant Moving Corp acres 1.0/1,000 SF Highway Access: Route 28 30,000 SF industrial warehouse that is currently owned and occupied by Gentle Giant Moving Corp. There are a few parking lot areas that they use to store moving trucks and it appears that there is parking lot area that they aren t utilizing. Transwestern spoke with Gentle Giant and they utilize the entire lot and therefore will not lease land out to a third party Rutherford Ave
24 9 EAST STREET, CAMBRIDGE 3.20 acres 2/1,000 SF Highway Access: Route 28 This 3.20 acres property had a flex building that was demolished. The property is not on the market for sale or lease. Transwestern is awaiting feedback regarding whether or not the owner would sell or lease the property.
25 300 WEST FIRST STREET, BOSTON 150,000 SF Pappas Enterprises 65,000 SF Highway Access: I 90/ I 93 This 65,000 SF lot is occupied by a Tenant At Will with 90 days notice. Owner is only interested in a 1 2 year lease. Asking rent is $6.00 NNN.
26 960 MASSCHUSETTS AVENUE, ROXBURY 80, Mass Ave, LLC 2.7 acres 0.92/ 1,000 SF Highway Access: Exit 16 off I 93 80,000 SF multi story industrial building on 2.7 acres. Ownership is quietly evaluating a sale. Confirmed site is under agreement by owner but will not disclose buyer.
27 83 HAMPDEN STREET, BOSTON Highway Access: 30,000 SF Kemble & Ham 2.15 acres 8.0/ 1,000 SF I 93 via Melnea Cass Boulevard Very tired 30,000 SF industrial building that sits on 2.15 acres. Site has been on and off the market for sale.
28 29 55 NORFOLK AVENUE, ROXBURY Kemble & Ham 1.22 acres Highway Access: Exit 18 off I acre land site in Roxbury that is on the market for sale but owner would consider lease. The asking purchase price is quoted at $6M.
29 75 WILLIAM T MORRISSEY BLVD, DORCHESTER Herb Chambers 2.24 acres Highway Access: Exit 15 off I 93 This 2.24 acre site was purchase by Herb Chambers in There was a 42,000 SF office building that was demolished. Owner is close to a deal to sell the site for approximately $16+/ Million but may consider short term parking.
30 135 WILLIAM T MORRISSEY BLVD, DORCHESTER 703,000 Globe Newspaper Company acres Highway Access: Exit 15 off I 93 This 703,000 sf building sits on acres and is currently owned and occupied by The Boston Globe. Site is close to being back under agreement but could serve as a short term parking solution as plans for redevelopment take place. TBD
31 1205 DORCHESTER AVENUE, BOSTON 120,000 Dorchester Plaza LLC 3.68 acres 0.93/ 1,000 SF Highway Access: Exit 15 off I acre site with approximately 100,000 SF of existing building SF. Site is scheduled for redevelopment but owner will consider a short term parking lease.
32 395 COLUMBIA ROAD, BOSTON MA 30,000 Highway Access: I Columbia, LLC 1.27 acres 1.00 /1,000 SF This 30,000 SF industrial building sits on 1.27 acres and the entire building is available for lease or sale. The asking lease rate is $11.00 NNN. 20,000 SF of the building is on grade with an overhead drive in door. 8,000 SF has a tailboard and is 8 10 higher in elevation than the 20,000 SF.
33 WOLCOTT SQUARE ASSEMBLAGE, READVILLE TBD 3.50 acres Highway Access: Route 138/Route acres land site that had been actively marketed for sale. Transwestern still confirming status.
34 43 FREEPORT STREET, DORCHESTER 18,000 SF Robert Susi acres 1.7/ 1,000 SF Highway Access: Exit 14 off I 93 18,000 SF flex building that is 100% available for lease with approximately 1 acre of paved land that could be leased to a third party.
35 500 COMMANDER SHEA BOULEVARD, QUINCY 1,143,120 FedEx acres 0.58/ 1,000 SF Highway Access: Exit 12 off I 93 Recently acquired by FedEx, who is expanding the building. Site had a 12 acre vacant lot at the far end. Transwestern trying to confirm status.
36 CUMMINS HIGHWAY, HYDE PARK Highway Access: Eversource 18 acres Blue Hill Avenue 18 acres land site sold to Eversource in 2012 for future substation development. Eversource may consider shot term/flexible lease.
37 100 BUSINESS STREET, HYDE PARK 150,000 SF Gentle Giant Moving Company, Inc 4.35 acres Highway Access: Exit 15 off I acre site with approximately 150,000SF of existing buildings. Site is currently being marketed for sale as transit oriented redevelopment, but the owner would also consider leasing. TBD
38 1 WESTINGHOUSE PLAZA, HYDE PARK 125,000 SF James F. Stearns Co, Inc. 23 acres 0.57/ 1,000 SF Highway Access: Exit 13 off I 93 65,000 SF of available space with as asking rent of $4.00 NNN. Subdivides down to 30,000 SF. Clear heights range from and the space has 6 cranes and drive in doors with some yard on far side of building that is accessed by driving through the space. Indoor parking opportunity only.
39 READVILLE YARD 5, HYDE PARK 375,000 (proposed) First Highland 21 acres Highway Access: Exit 13 off I 93 Proposed 375,000 SF multi building development on a 21 acres site. Planed to be a mix of office/manufacturing/warehouse. Has flexibility to accommodate specialty uses. Planned delivery is Q2/Q Asking rents are $12.00 $14.00 NNN for the building and the landlord will consider parking requirements. TBD
40 100 MEADOW ROAD BLDG. 100, BOSTON 433,127 National Development 72 acres 0.23 /1,000 SF Highway Access: Exit 13 off Route 128 This 433,127 SF building sits on 72 acres. The building has 85,000 SF of available warehouse space, which has 32 clear and multiple tailboard loading docks. Approximately 200+ parking spaces could be created but not all adjacent to vacant warehouse. Additionally, The Ride leases approximately 4 acres consisting of 20,000 SF of office and maintenance building with 300 parking spaces. Lease expires 8/31/19 but the landlord can potentially terminate them early.
41 40 SPRAGUE STREET (3 BUILDINGS), HYDE PARK 48, Sprague Street Realty Trust 3.93 acres 1.98/ 1,000 SF Highway Access: Exit 14 off I acre site scheduled for redevelopment. Owner may consider short term parking lease.
42 39 RIVER STREET, DEDHAM Summary of Available Space 13,000 SF TBD 1.50 acres 5.76/ 1,000 SF Highway Access: Exit 15 off I 95 13,000 SF industrial building that sits on 1.50 acres. There is 7,000 SF of available space for lease with an asking rent of $18.00+utilities. Remaining space is occupied by a masonry company. Landlord estimated parking for 75 cars. Negotiating with Uber.
43 STERGIS WAY, DEDHAM 25,000 SF 110 Stergis Way 1.27 acres 1.60 /1,000 SF Highway Access: Exit 15B off I 95 This 25,000 SF stand alone building has 14,000 SF of available space and the remaining space can be made available in roughly 24 months. The asking rent is $12.00 $14.00 NNN. The building has 18 ceilings and 3 tailboard loading docks. The building is situated on 1.27 acres.
44 825 UNIVERSITY AVENUE, NORWOOD FPM LLC acres Highway Access: Exit 13 off I acres land site with approximately 18 acres of buildable raw land. Quoting $ Million.
45 530 WEST STREET, BRAINTREE 127,000 SF Sandman Electric acres 3.33/ 1,000 SF Highway Access: Exit 6 off I ,000 industrial building that sits on acres, but expanding paved area may be difficult due to the wet lands. Rent is $5.50 NNN.
46 175 CAMPANELLI DRIVE, BRAINTREE 484,000 SF Equity Industrial Partners acres 0.81/ 1,000 SF Highway Access: Exit 6 off I ,000 SF industrial building that sits on 24 acres with a significant amount of paved area and is 100% available for lease. Rent is $5.50 NNN.
47 COMMERCE DRIVE, BRAINTREE F.X. Messina Enterprises TBD acres Highway Access: Exit 16 off Route 3 16 acre land site that is on the market for sale.
48 1 KELLEWAY DRIVE, RANDOLPH Kelleway Realty Corporatoin acres Highway Access: Route acre land site that is on the market for sale.
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