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Harbor Corporate Center Sells for $24M

BOSTON-New York City-based Brickman Associates has taken its fifth Boston asset with the $23.8-million acquisition of the Harbor Corporate Center in the city's Seaport District.

By Beverly Ford | Updated on January 29, 2007

BOSTON-Less than one year after entering the Boston market, New York City-based Brickman Associates has picked up its fifth city property with the $23.8-million acquisition of the Harbor Corporate Center from the Archon Group. The 106,171-sf class A office building is Brickman’s third in the city’s rapidly developing Seaport District.

“We have a lot of high expectations for the overall Seaport office market,” Michael Bernstein, with Brickman, tells GlobeSt.com, referring to the firm’s strong interest in the South Boston waterfront area. “There are a lot of factors fueling a renaissance in that part of the city. Whether its lofts combined with retail combined with office, the federal courthouse and the children’s museum, there’s a focus of energy there.” The JLL team also landed the buyer.

Located in the Fort Point Channel area near Boston’s Financial District and South Station, the six-story Harbor Corporate Center at 300 A St. was built in 1904 and renovated in 2005 to accent the original brick-and-beam construction, expansive window lines and high ceilings. The property, which lies adjacent to the recently completed Boston Convention Center, is 96% occupied by five tenants, including architectural firms Elkus/Manfredi Architects and Bargmann Hendrie.

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