Bain & Co. to Take 120,000 SF at 131 Dartmouth

BOSTON-The fortunes of 131 Dartmouth St., the 11-story tower located in the Back Bay, could be about to change. Bain & Co. Inc. is taking 120,000 sf of space in the 11-story, 353,000-sf tower that is ready for occupancy but did not, until now, sign a single tenant.

Cristina Paquette, a spokesperson for Bain & Co. tells GlobeSt.com that the management consulting firm, based here and in New York, has signed a letter of intent for the top four floors of the building.

If the deal goes through, it will be a tremendous coup for the building, which had the bad luck to come online during one of the city’s worst markets in years. “This building was a good project that was delivered at a difficult time,” Bill Motley, vice president of the downtown brokerage group at Spaulding & Slye Colliers, tells GlobeSt.com. Motley points out that Bain is a “top shelf organization” and its tenancy in the building will give credence to this project.