Why Buy a Commercial Condo For Sale in the "Leather District" in Boston, Massachusetts 02111 ?
I first began to know, understand and appreciate the "Leather District" in Downtown Boston back in the early 1990's, when I changed commercial real estate firms and went to work in my new firm's office at Lincoln Plaza (building later converted to residential condos with ground floor retail). This was about the same time that construction of Boston's widely acclaimed and now somewhat notorious Central Artery Tunnel Project, a.k.a. "The Big Dig", was getting underway in earnest.
Located adjacent to the South Station public transportation complex (Subway "T", Bus, Commuter Rail) and bordered by the Financial District and Chinatown, I immediately fell for the Leather District neighborhood and it's historic 1800's architecture dominated by brick and beam industrial loft buildings. Originally built for the manufacturing, warehousing and wholesaling of leather goods (the genesis of the name "Leather District"). these buildings still retain the unique signature feature of Leather District buildings - HUGE ground-floor windows bolstered by cast-iron columns, designed for the display of wholesaler's goods. Today, these large window surfaces allow the penetration of natural light into office space and high visibility for retailers.
In addition, the Leather District location had cheap and readily available on-street parking, comparatively inexpensive parking garages, quick access to the Expressways (I-93 N-S, I-90 "Mass Pike" E-W) and great places to eat for breakfast, lunch and more. "Location, Location, Location", what wasn't to love?
But back then, the neighborhood was still primarily a daytime work destination, quiet, somewhat deserted and a little on the "gritty" side after dark.
Almost twenty years later, after a couple waves of residential conversion and other re-development, the Leather District is a vibrant mixed use neighborhood. It is now filled with renovated office space (including a number of Boston's relatively scarce commercial condominiums), residential condos ranging from ultra-modern finishes to traditional Lofts with high ceilings and exposed brick & beam, together with retail services and restaurants, ranging from subs and bistros, to fine dining.
The Leather District just keeps getting better and better and today there are spectacular opportunities for savvy businesses to take advantage of historic low interest rates and own a piece of the Leather District for themselves. Click here for one example.
About the Author: OfficeTenantAdvisors.com (GILES COMMERCIAL REALTY GROUP) delivers Specialized expertise and advisory services exclusively to companies that Lease, Purchase, or Own commercial real estate to house their business operations. We Save our clients Time, Money and Frustration through diligent advocacy and by developing and executing strategies that align our clients’ real estate position with THEIR business plan. Services include acquisitions by Lease or Purchase; lease extensions/ renewals and renegotiations; planning; research; analysis; site selection; negotiation; relocation coordination; ongoing administration; disposition; etc. Transaction services are typically rendered at no cost to client as leasing and sale fees are customarily paid by landlords and sellers. Principal Michael R. Giles has provided solution-driven services with exceptional results to clients ranging from start-ups to Fortune 100 companies for over 24 years throughout Greater Boston - Eastern Massachusetts.
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