BOSTON – A.W. Perry announced the renovation and repositioning of one of Boston’s most iconic buildings – 40 Summer Street, also known as The Summer Exchange Building, in Boston.
This five-story, 32,000 square foot office building at 40 Summer Street, built after Boston’s Great Fire, was fully renovated by A.W. Perry in 1998. The original renovation preserved one of the few remaining cast-iron facades in the City of Boston.
A.W. Perry recently recognized the opportunity and importance of bringing a fresh perspective to the firm’s historic portfolio which it has held and managed for more than 60 years, including the Summer Exchange Building. This idea translated into a remodel of the lobby, as well as the repositioning of various office spaces.
“There is no doubt uncertainty continues to permeate the office market, but Downtown Boston is, and will remain resilient,” said Mark Flaherty, President of A.W. Perry. “A.W. Perry’s portfolio is well-positioned, and our team has anticipated businesses’ changing needs, whether it is for full-time or hybrid working environments. Flexibility is key, and the importance of making each tenant’s experience seamless and enjoyable remains our top priority.”
40 Summer Street is accessed through the second-floor lobby of 101 Arch Street and includes four floors of office space served by a sophisticated lobby highlighted by mahogany and bronze elevators. Tenants of the Summer Exchange enjoy the amenities of 101 Arch St. without having to go outside. This includes direct access to the MBTA, retail, and banking facilities.
Two newly renovated full floor spec suites are now available at the Summer Exchange Building. Paired with the recognition of the building address and convenience of local amenities, the new contemporary design suits a broad range of potential office working environments.