On October 14, 1973, a second great fire took place in the “Rag Shop” district of Chelsea, MA (the other great fire in Chelsea started on April 12, 1908). The wind-driven catastrophic fire would engulf over 18 acres of land claiming 200 buildings and leave 1,100 homeless. Firefighters were hampered by a lack of adequate water, albeit ironically, Chelsea is surrounded by water. The 1908 fire burned over 350 acres of land and would leave 15,000 homeless, with 19 people killed.

Interesting stats from the PAST 60 days: (sublease & direct – in all cases temp space excluded) from Mass Ave to the Seaport, South End to North Station.

  • 133 spaces hit the market as available in the subject area equating to ~936,000 SF, partly due to 81615 SF @ 2 Ave. De Lafayette, but mostly due to a large smattering of 2,000 to 10,000 SF units;  
  • 141 spaces cameoff the market equating to ~1,350,000 SF, mostly due to large blocks at 1 PO, 160 Fed, 2 International, 100 Summer and 200 Fan Pier;
  • Total Availability (direct & sublease) is now estimated at ~21,200,000 SF.