retail space - loopnet...retail space available for lease 226 causeway street, boston,ma (2018...
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RETAIL SPACE AVAILABLE FOR LEASE
2 2 6 C A U S E W A Y S T R E E T , B O S T O N , M A
(2018 ESTIMATED) 1 Mile 1.5 Miles 2 Miles
POPULATION 54,573 104,302 177,593
HOUSEHOLDS 29,038 50,917 50,917
AVERAGE HOUSEHOLD INCOME $130,972 $119,689 $117,631
DAYTIME POPULATION 228,252 383,989 472,616
NEIGHBORHOODDEMOGRAPHICS
THE OPPORTUNITY
LOOKING WEST ON CAUSEWAY STREET
226 Causeway Street is a mixed-use retail, office and residential building adjacent to Boston’s
TD Garden. In addition to 193,000 SF of retail and Class A office space, home to TripAdvisor and
Boston Celtics employees, 226 Causeway Street has six floors of residential units with 108 luxury
condominiums known as Strada 234. With 1,151 SF and up to 6,183 SF of prime corner retail space
available, adjacent to the Hub on Causeway development and TD Garden with 3.5M annual visitors,
take advantage of this exciting opportunity in this emerging submarket.
Boston’s West End, historically dominated by the TD Garden (home to the Boston Celtics,
Bruins and over 200 annual events), is bursting with several mixed-use developments.
With over 1,300 new residential units under construction, and thousands of additional units
within projects currently under review by the City, the West End has quickly become a vibrant,
urban neighborhood. In addition to over 1,000 open businesses, the West End welcomed its
latest office anchor, with 500+ employees, Converse, with its world headquarters located at
Lovejoy Wharf, with retail and restaurant space along Boston’s inner harbor.
As residential and office density in the trade area continues to grow at a rapid pace, the
demand for retail, restaurants and services are at an all-time high. Recent improvements to
the MBTA’s Commuter Rail and Subway Lines have strengthened the connection to the West
End from all parts of Boston and beyond, bringing consumers to the trade area throughout
the day and evening.
MARKET OVERVIEW
505 RESIDENTIAL UNITS
BOWDOIN4,776 DAILY RIDERS
GOVERNMENT CETNER10,828 DAILY RIDERS
HAYMARKET11,469 DAILY RIDERS
THE VICTOR286 RESIDENTIAL UNITS
750 EMPLOYEES
HEADQUARTERS(UNDER CONSTRUCTION)
RETAIL MARKET & CURRENT DEVELOPMENTS
1 HUB ON CAUSEWAY (TD GARDEN EXPANSION)
• Total GLA: 1,500,000 SF ∙ 500,000 SF office ∙ 250,000 SF retail
• 256-key hotel
• 440 residential units
• 540 parking spaces
• Under construction (Phase I)
5 104 CANAL STREET• 90-key boutique hotel
• Board approved
3 GARDEN GARAGE• 469 residential units
• 2,300 SF retail
• 830 parking spaces
• Under construction
2 HAYMARKET HOTEL• Total GLA: 145,000 SF• 225-key hotel
• 25,000 SF retail
• Project approved
4 BULFINCH CROSSING(GOVERNMENT CENTER GARAGE)
• Total GLA: 2,900,000 SF ∙ 1,150,000 SF office ∙ 85,000 SF retail
• 200-key hotel
• 486 residential units
• 1,100 parking spaces
• Under construction
1284
225
95
1
SUDBURY STREET
NEW CHARDON STREET
WEST END
PO
RT
LA
ND
ST
RE
ET
4
FORECASTER 12180-UNIT LUXURY CONDO
CAUSEWAY STREET
CO
NG
RE
SS
ST
RE
ET
SU
RFA
CE
RO
AD HANOVER STREET
CROSS STR
EE
T
CA
NA
L S
TR
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T
FR
IEN
D S
TR
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N W
ASH
INGT
ON S
TREE
T
ENDI
COTT
STR
EET
72 ROOMS
UPTOWN EATS FOOD HALL
CAMBRIDGE STREET
STAN
IFOR
D STREET
NORTH STATION17,079 DAILY RIDERS
ONE CANAL310 UNITS
MASSIMINO’SCUCINA ITALIANA
GOING BANANAS
RISTORANTE FIORE
LUCCA
MODERN PASTRY
THE BELL IN HAND
UNION OYSTER HOUSE MARE OYSTER BAR
MAMMA MARIA
NORTH STREET GRILLE
PAUL REVERE HOUSE
GIACOMO’S
TRATTORIA IL PANINO
BRICCO
TRESCA
BACCO
112 ROOMS
BOSTON MUNICIPAL COURT
BOSTON PUBLIC MARKET
PREZZA
BILLY TSE’S
GOLDEN GOOSE MARKET
NICO
IN•JEAN•IUS
BOSTON BOTTLE
OLD NORTH CHURCH
220 ROOMS239 RESIDENTIAL UNITS (UNDER CONSTRUCTION)
TH
E F
RE
ED
OM
TR
AIL
THE FREEDOM TRAIL
NORTH END
5
1
3
2
TD GARDEN3.5M ANNUAL VISITORS
(UNDER CONSTRUCTION)
HIGHLIGHTS
• 1,151 SF and 6,183 SF subdividable retail spaces available
• Join Title Boxing with easy access off Causeway Street and at-grade
entrance from North Washington Street
• Strong corner branding opportunity at major intersection of Causeway
and North Washington Streets
• Includes opportunity for vented food in space closest to Converse
headquarters and Lovejoy Wharf stairs
• Office space above is 100% occupied and home to SmarterTravel,
TripAdvisor, Oxfam America and the Boston Celtics
CAUSEWAY STREET
LOVEJOY WHARF
NO
RT
H W
AS
HIN
GTO
N S
TR
EE
T
EX
IST
ING
S
TO
RA
GE
AVAILABLE6,183 SF
AVAILABLE1,151 SF
OFFICE
FOR MORE INFORMATION
ALEX QUINNAssociate+1 617 912 [email protected]
PAUL GROSSMANFirst Vice President+1 617 912 [email protected]
3 3 A R C H S T R E E T • B O S T O N , M A S S A C U S E T T S 0 2 1 1 0 • + 1 6 1 7 9 1 2 7 0 0 0 , F + 1 6 1 7 9 1 2 6 8 6 7 • W W W. C B R E - N E . C O 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.
CB Richard Ellis – N.E. Partners, LP, a CBRE Joint Venture