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BOSTON DESIGN CENTER
Boston, Massachusetts
SF: 550,000

This 550,000 square foot landmark building is located in the Seaport District of Boston, an area undergoing extensive redevelopment. The Boston Design Center is New England's preeminent resource for the interior design industry. In addition to over 75 home and office furnishing showrooms, the building contains 150,000 square feet of renovated high quality office space.

Our company purchased this property in April 1999 and proceeded to undertake extensive interior and exterior renovations. In addition, through enhanced marketing and new management personnel, the Company repositioned the property in the market with the leases of national and regional tenants extended at higher rents. In 2005 the property was sold for $96 million to Vornado, a major New York Stock Exchange traded REIT.