Like many older office buildings in Boston and beyond, the 42-story One Post Office Square tower lost its anchor tenant in 2018, leading its owner to question the viability of its asset as newer, shinier buildings were rising in the city. The owner, Anchor Line Partners, decided to place a major bet on the future of the 41-year-old office tower. It embarked on an ambitious $300M redevelopment to turn the former concrete block into a modern, glass-lined tower that could compete for high-end tenants. The bet appears to be paying off, as Anchor Line late last year landed a new 250K SF lease and is reportedly in talks for more big deals. The project, designed by Gensler and leased by JLL, is scheduled to deliver in the first quarter of next year. The team brought Bisnow on an exclusive tour this week to see how the redevelopment is taking shape.
The project is adding more square footage on one side of the building by vertically expanding on top of what was previously a six-story garage. It reskinned the building with a glass facade, and it is adding 40K SF of new amenity space designed to appeal to the modern preferences of office tenants. "In… Read the full story here. |