Property Survey - E25Bio - July 2020
PROPERTY SURVEY JULY 2020
TABLE OF CONTENTS
I.
Map Overview
II. Site Alternatives
01 //
One Bow Street
02 //
1035 Cambridge Street
03 //
60 Hampshire Street
04 //
585 Massachusetts Avenue
05 //
600 Massachusetts Avenue
06 //
614-622 Massachusetts Avenue
07 //
675 Massachusetts Avenue
08 //
1001 Massachusetts Avenue
E25Bio | McCall & Almy | July 2020
6
MAP OVERVIEW
01
One Bow Street
02
02
1035 Cambridge Street
01
03
60 Hampshire Street
08
585 Massachusetts Avenue
04
03
05
600 Massachusetts Avenue
07
04
06
05
06
614-622 Massachusetts Avenue
07
675 Massachusetts Avenue
08
1001 Massachusetts Avenue
E25Bio | McCall & Almy | July 2020
#01
ONE BOW STREET
AVAILABLE SF // 3,971 SF FLOOR // 4 RENT/SF // $75.00 gross MONTHLY COST // ~$25,000 TERM // Through June 30, 2030
NOTES // • Furniture available
• Mixed-use building with excellent views of Harvard Square
• Property has a roof deck and loading dock
• Adjacent to the MBTA Red Line
E25Bio | McCall & Almy | July 2020
#02
1035 CAMBRIDGE STREET
AVAILABLE SF // 5,200 SF FLOORS // 2 & 3 RENT/SF // $42.00 gross MONTHLY COST // ~$18,500 TERM // Through Nov. 14, 2021
NOTES // • 5,200 SF on the 2 nd and 3 rd floor, connected by an internal staircase
• Flexible Plug & Play sublease
• High-end tech space featuring a private deck, exposed ceilings, and abundant natural light
• Open layout with a mix of huddle rooms, conference rooms, and two kitchen areas
• Located in Inman Square, 1035 Cambridge Street is surrounded by retail, restaurants and breweries
E25Bio | McCall & Almy | July 2020
#03
60 HAMPSHIRE STREET
AVAILABLE SF // 5,554 SF FLOOR // 1 RENT/SF // $90.00 gross MONTHLY COST // ~$42,000 TERM // Through May 31, 2022
NOTES // • Furniture available
• 0.5 miles from MBTA Red Line
• Space features: One
Large office
Two One One
Small conference rooms Large conference room
Café/Kitchenette
20 Workstations Multiple huddle spaces
& breakout areas
E25Bio | McCall & Almy | July 2020
#04
585 MASSACHUSETTS AVENUE
AVAILABLE SF // 5,261 SF FLOOR // 4 RENT/SF // $60.00 gross MONTHLY COST // ~$26,500 TERM // Through Oct. 31, 2022
NOTES // • Adjacent to MBTA Red Line
• Sublease of DiMagi spac
• Space needs TLC and is somewhat chopped up
E25Bio | McCall & Almy | July 2020
#05
600 MASSACHUSETTS AVENUE
FLOOR 2 // 5,500 SF
AVAILABLE SF // 5,500 SF FLOORS // 2, 3 or 4 RENT/SF // $60.00 gross MONTHLY COST // ~$27,500 TERM // 3-5 years
FLOOR 3 // 5,500 SF
NOTES // • Private office lobby on Green Street with office-only elevator and stair access
• Newly refurbished space to the highest standards
FLOOR 4 // 5,500 SF
• New kitchens and bathrooms
• Steps away from Central Square T stop
• Brick and Beam spec buildout consisting of (1) conference room and small kitchenette. Ability to add more offices/conference rooms.
E25Bio | McCall & Almy | July 2020
#06
614-622 MASSACHUSETTS AVENUE
AVAILABLE SF // 2,550–4,250 SF FLOOR // 2 RENT/SF // $58.00 gross MONTHLY COST // ~$20,500 (based on higher SF) TERM // 2-5 years
NOTES // • Brand new speculative suite
• Recent lobby and common area upgrades
• Onsite access to Public Transportation: – Central Sq. (Red Line) – Bus Routes 1, 64, 83, 91, 47, 64, 70 – Elevator and Handicap Access
• Convenient and equal distance to and from Harvard and MIT
E25Bio | McCall & Almy | July 2020
#07
675 MASSACHUSETTS AVENUE
AVAILABLE SF // 4 th Floor:
7,800 SF
6 th Floor:
3,900 – 7,800 SF
RENT/SF // $70.00 gross MONTHLY COST // ~$23,000 (based on lower SF) TERM // 3-5 years NOTES // • One of the nicest building in Central Square • Ability to take an entire floor with windows on 4 sides • Adjacent to MBTA Red Line • Access to Route 2, Memorial Drive and Storrow Drive • Parking: 1.0/1,000 SF
E25Bio | McCall & Almy | July 2020
#08
1001 MASSACHUSETTS AVENUE
AVAILABLE SF // 5,000-13,975 SF FLOOR // 2 RENT/SF // $60.00 gross MONTHLY COST // ~$25,000 (based on lower SF) TERM // 3-5 years
NOTES // • 2nd floor space over retail (bike shop) was once former yoga studio as well as office tenant
• Landlord is willing to subdivide space
E25Bio | McCall & Almy | July 2020
JP Weldon, Senior Associate jweldon@mccallalmy.com | (617) 939-4923
Michael Goodwin, Vice President mgoodwin@mccallalmy.com | (508) 397-1095
100 Federal Street, Boston, MA 02110 617.542.4141 // mccallalmy.com
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