Search
 

Architect Firm Acquires Boston Wharf Building

BOSTON-The 60,000-sf building was once part of a portfolio of Boston Wharf properties acquired for $93 million by Archon/Goldman.

By Beverly Ford | Updated on January 31, 2007

BOSTON-Cambridge architectural and design firm ADD Inc. will relocate its headquarters next year to Fort Point Channel now that it has acquired a 60,000-sf, six-story building for an undisclosed price from Archon/Goldman. The 311 Summer St. property is part of a cluster of old manufacturing and warehouse buildings dating back to the 1800s that were formerly owned by the Boston Wharf Co.

Buildings in the Fort Point Channel area are currently selling for between $100 and $300 per sf, depending on their condition, a broker in the Fort Point Channel area tells GlobeSt.com.

Helen Novak, with ADD, tells GlobeSt.com that the architectural firm, which assisted in the City of Boston’s One Hundred Acre master plan for the Fort Point Channel area, expects to begin remodeling the building by mid-summer.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.