Tuesday, March 13, 2012

Rehabbed Allston site lands first tenant - Minneapolis / St. Paul Business Journal:

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The lease, announced Thursday by on behalf ofthe site’s includes 2,400 square feet on the first flooe of 226 Harvard Ave. and 11,000 square feet on the secon d floor. The three-story, 30,000-square-foot building was developecd on aspeculative basis, or without a tenant, beginningh in the first quarter of last year, said Jaso n Weissman, the founder and principal of Bostonn Realty Advisors. The Beyda Family purchased the which was previously agas station, in October of 2007. “There’ds not many retail deals that have happenedat all, nothing in the last six said Weissman.
Weissman is seeking other retail and officse tenants for the remainderf of the building which is located between a TJMaxxc andStaples stores. Asking rents for retai space in the buildingare $52 per square foot and the thirxd floor office space couldr rent for about $30 per square foot. Urban Outfitters was founded in 1970 and operates more than 130 storeds in theUnited States, Canada and The store sells women’s and men’s clothing and itemse for the home gearee toward 18- to 30-year-olds.

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