Another Seaport portfolio is poised for the market with rents now of $40 PSF and vacancy at a record low.
Banker & Tradesman is reporting that, “in response to rising rents and hot investor activity, National Development is attempting to unload a six-building portfolio in Boston’s Fort Point district…The assets, totaling more than 407,000 square feet of office space, are in the so-called Innovation District, where some rents have jumped significantly over the last year, more than five percent in some places.”
For the full report, continue reading Banker & Tradesman’s complete coverage.
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