WASH - LoopNet
[Pages:7]350 WASH
350 WASHINGTON STREET DOWNTOWN CROSSING BOSTON MASSACHUSETTS
THE OPPORTUNITY
3,200 SF
350 Washington Street is ideally located within Boston's vibrant Downtown Crossing district, one of the city's most desirable shopping destinations. Spanning more than five city blocks and representing the center of life in the city, the area has been recently reinvented as a modern hub of shopping and commerce in Boston, while boasting a dynamic nightlife scene.
Located within walking distance to the Financial District, Boston Common, Beacon Hill, Government Center and the Theatre District, 350 Washington Street is at the epicenter of downtown and draws from high foot traffic, with 30,000 pedestrians walking by the property daily and a daytime population of over half a million people living, working and visiting the city of Boston. The opportunity at 350 Washington provides retailers a small shop opportunity in Downtown Crossing unlike anything else available today.
WHY BOSTON
19million
ANNUAL VISITORS
$11.5
ANNUAL VISITOR SPENDING
billion
smartest
CITY IN AMERICA
(FORBES, 2014)
50+ HIGHER EDUCATION
INSTITUTIONS IN BOSTON
35% OF BOSTONIANS ARE BETWEEN AGES
20-34
250,000
COLLEGE STUDENTS
IN BOSTON
$ 4.2M INVESTED IN BOSTON START-UPS
3 5 0 WA S H I N G T O N S T R E E T
RENDERING OF POTENTIAL STOREFRONT ENHANCEMENTS
3,200 SF RETAIL OPPORTUNITY
DOWNTOWN CROSSING
HOTEL R E TA I L R E STA U R A N T SIGNIFICANT RESIDENTIAL
BOSTON HARBOR HOTEL
Over 230,000 people crowd the streets of Boston's Downtown Crossing every day. The neighborhood boasts Boston's highest pedestrian count, in addition to 36 MSF of office space. Downtown Crossing draws customers from surrounding Back Bay and Beacon Hill residences, nearby office towers, academic institutions and the historic Freedom Trail (popular walking trail highlighting the city's many historical sites).
The district's "high street" is Washington Street, with Boston's heaviest volume of foot traffic seven days a week. Notable downtown national and international retail along Washington Street includes the first Primark in the United States, DSW, Forever 21, Macy's, Marshalls and T.J. Maxx. Downtown Crossing also has several eateries and full-service restaurants such as Legal Seafood's Legal Crossing, PAUL Bakery, Sweetgreen, Ruth's Chris Steak House and the city's newest urban market, Roche Bros.
DEMOGRAPHICS
P O P U L AT I O N
0.5 miles 0.75 miles 18,358 42,826
1 mile
1.5 mile
56,261 115,221
HOUSEHOLDS
8,459
22,756
29,510
59,872
AVG. HOUSEHOLD INCOME
$129,042
$123,558
$129,471
$131,318
MARRIOTT LONG WHARF
MARRIOTT CUSTOM HOUSE
350 WASHINGTON
THE DEVONSHIRE (474 luxury units)
BOSTON SPORTS CLUB
MARSHALLS
THE LANGHAM
T.J. MAXX
T-MOBILE
CLUB QUARTERS
THE INTERCONTINENTAL
MILLENNIUM TOWER (442 luxury units) PABU
OCEANAIRE SEAFOOD ROOM
DIG INN
RUTH'S CHRIS STEAK HOUSE
SWEETGREEN
45 PROVINCE (145 luxury units)
MAST'
WALGREENS
GEM
OMNI PARKER HOUSE
CARRIE NATION
HIGHBALL LOUNGE NINE ZERO
MOOO... BEACON XV
NO.9 PARK
BARRY'S BOOTCAMP
OLD NAVY PRIMARK ROCHE BROS. MACY'S
DSW
GAP OUTLET YVONNE'S
SUPPER CLUB
FOREVER 21 THE GODFREY GEORGE HOWELL COFFEE
RUKA
HYATT REGENCY
MILLENNIUM PLACE (256 luxury units)
CAFF? NERO LEGAL CROSSING
THE RITZ CARLTON BOSTON COMMON
STODDARD'S
BACK DECK
SIP
JM CURLEY'S
PAPAGAYO
3,200 SF RETAIL OPPORTUNITY
3 5 0 WA S H I N G T O N S T R E E T
SPACE FEATURES
? Available: 3,200 SF ? Basement/storage space available ? 19' deck-to-deck ceiling heights ? Floor-to-ceiling storefront windows
LOCATION FEATURES
? Strategically positioned along Washington Street, adjacent to T.J.Maxx and opposite the new Millennium Tower (442 luxury residential units), Old Navy and a MBTA subway entrance
? Rare, small format street-level retail space adjacent to 815 on-site parking spaces.
? Strong storefront and branding opportunity along heavily traveled street
Burnham Building/Washington Street retail corridor
TRANSPORTATION & ACCESS
? Several public transportation stops within immediate walking distance, including the MBTA Blue, Orange, Red and Green Subway Lines as well as Boston's busiest terminal, South Station (MBTA/ Amtrak service to New York and points west/south)
? 350 Washington Street is highly accessible from Interstates 93 and 90 (Massachusetts Turnpike)
Downtown Crossing MBTA Station entrance
Millennium Tower
3,200 SF RETAIL OPPORTUNITY
3 5 0 WA S H I N G T O N S T R E E T
PREMISES
HAWLEY STREET
LEASE SIGNED
ANCHOR TENANT
3,200 SF 19' CLEAR HEIGHT
STREET
MILLENNIUM TOWER
(442 LUXURY UNITS)
FRANKLIN
'
MARSHALLS ENTRANCE
T.J. MAXX
PROMINENT BRANDING ALONG WASHINGTON STREET
WASHINGTON STREET
30,000 DAILY PEDESTRIANS
3,200 SF RETAIL OPPORTUNITY
350 WASH
MATT CURTIN
SENIOR VICE PRESIDENT/PARTNER +1 617 912 6861
M AT T H E W. C U R T I N @ C B R E - N E . C O M
PAU L G R OS S M A N
FIRST VICE PRESIDENT +1 617 912 6863
PA U L .G R O S S M A N @ C B R E - N E .C O M
CB Richard Ellis ? N.E. Partners, LP, a CBRE Joint Venture
CBRE /NEW ENGL AND ? 33 ARCH STREET, FLOOR 28 ? BOSTON, MASSACHUSET TS 02110 ? +1 617 912 7000, FA X +1 617 912 7001 ? W W W.CBRE-NE.CO M
? 2018 CB Richard Ellis - N.E. Partners, LP. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine
to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.
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