Threat Stack

Downtown Crossing Landlord Is Choosy Picking A Replacement For Yahoo

Threat Stack, a cloud security company based in Boston’s Fort Point, will move to a new office in Downtown Crossing as it triples its space to accommodate growth. The company signed a seven-year lease for 13,768 square feet at 55 Summer St., owned by Boston-based Synergy Investments and DivcoWest. In a reflection of the...
Midwood

59-Story Downtown Crossing Residential Tower Plans Revealed

A New York City developer has unveiled plans for a 59-story, 607,000-square-foot skyscraper in Boston’s Downtown Crossing that would contain 473 condominiums and apartments. Midwood Investment & Development has been briefing neighborhood and business organizations on the project as it prepares to submit a formal filing with the Boston Redevelopment Authority (BRA) within two...
10 Milk St. DTX

Once-Distressed Office Building Sold For $94.5M

An affiliate of Goldman Sachs has paid $94.5 million to acquire 10 Milk St./294 Washington St. in Boston’s Downtown Crossing. Boston-based Synergy Investments and GreenOak Real Estate previously acquired the 11-story, 230,209-square-foot office and retail building in 2014 in exchange for the assumption of a $58 million defaulted loan. The transaction includes a $50 million mortgage...
EiQ offices

Security Software Startup Relocates To 60 State St. For Expansion

Security software provider EiQ Networks has leased 12,300 square feet at 60 State St. in Boston to accommodate its rapid expansion. The choice of sixth-floor space in the Oxford Properties-owned tower was influenced by employee commuting patterns. Since EiQ moved to Boston last year, approximately 90 percent of its 50-person local workforce uses public...
294 Washington

SimpliSafe Doubles Downtown Office Space

Home security company SimpliSafe has signed a lease expansion for 20,271 square feet at 294 Washington St. in Boston’s Downtown Crossing, effectively doubling its headquarters to accommodate growth after moving from Cambridge in late 2014. SimpliSafe looked at various locations in and outside Boston before deciding to expand at its existing headquarters, said Ben...
Millennium

Millennium Tower’s $37.5M Penthouse Under Agreement

The Millennium Tower Boston’s 60th-story penthouse unit, which had been listed for $37.5 million, has been placed under agreement as a “family residence,” developer Millennium Partners said today. The 13,000-square-foot luxury residence atop the 625-foot-tall skyscraper in Downtown Crossing is one of 442 condominiums in the city’s newest landmark. The remaining units are available...
3D Rendering

German Investors Buy New Downtown Crossing Hotel For $173.9M

A German real estate fund has paid $173.9 million for the Godfrey Hotel in Boston’s Downtown Crossing before it’s checked in its first guest. Hamburg-based Union Investment Real Estate acquired the 242-room property from Chicago-based Oxford Capital Group and Walton Street Capital. At $718,000 per room, the price is believed to be among the three...
Midwood

Developer Pitches Another Millennium-Sized Tower In Boston

A New York developer is drawing up designs for a luxury condo and apartment skyscraper that would rival the 60-story Millennium Tower in Boston’s Downtown Crossing. “It’ll be extremely sleek and contemporary with lots of glass,” said Sue Hawkes, CEO of the Boston-based brokerage Collaborative Cos. “And very tall – everything that you would...

Forever 21 To Open In Boston’s Downtown Crossing

Fashion retailer Forever 21 has signed a lease for a new location in Boston’s Downtown Crossing. The company will use the 20,000 square feet at 449 Washington St. to create a unique three-floor store. The lease was organized between CBRE’s Jeff Arsenault, who represented the owner, Dexter Crossing Retail LLC, and Dartmouth Co., which...
Millenium roof

Millennium Tower Reaches Latest Milestone

Construction crews placed the final beam atop the 60th story of the Millennium Tower in Boston’s Downtown Crossing on the two-year anniversary of its groundbreaking. The 442-unit luxury tower has pre-sold 90 percent of its units in advance of its anticipated summer 2016 opening. Richard Baumert, a partner with developer Millennium Partners, said the...
Tina Marie Bacci

Tina Bacci

The 45 Province development in Boston’s Downtown Crossing neighborhood may well be one of the many highlights of Tina Bacci’s career. “Five years ago, people were looking at us like we were crazy,” Bacci recalled. But now a once-struggling development commands high rents and even higher sale prices for new residential developments in what...

Searching For Directions To Midtown Boston

It doesn’t easily roll off the tongue of a native, but the “midtown Boston” designation is still in the mix as a marketing tool for the real estate industry. A Google search reveals dozens of condos and luxury apartment listing pages using the midtown address. The MLS Property Information Network even has an official...