Boston – CBRE/New England announced that a long-term lease totaling 5,000 SF of office space was executed with AgIS Capital—a private equity firm that invests in farmland—at 46 Plympton Street in Boston’s South End. AgIS Capital’s relocation from 745 Boylston Street in Boston’s Back Bay will allow for growth within the company.
CBRE/NE’s Patrick Buckley and Jeff Landers represented the landlord, Legacy Real Estate Ventures, and Cushman & Wakefield’s Rebecca Galeota represented the tenant.
“We are pleased to welcome AgIS Capital to 46 Plympton Street,” stated Legacy Real Estate Ventures’ Michael Price. “The building’s location, proximity to public transit and amenities make it an outstanding opportunity for today’s tenants.”
“A distinctive building with charm and character, 46 Plympton Street has brick & beam construction that is typical of Boston’s South End,” said Buckley. “As lease rates continue to climb in areas like the Seaport District, Back Bay and Financial District, we’re seeing an increase in interest for other locations within the city, particularly from start-up and early stage companies.”
46 Plympton Street, a five-story building encompassing 25,000 SF of office space, is located near the South End’s Ink Block apartments and the future development of Exchange South End, the former Boston Flower Exchange site. The five-story building offers 13’ clear height, hardwood floors, an abundance of natural light, bicycle storage and shower facilities.
46 Plympton Street is situated off of Interstates 90 and 93, and is walking distance from the MBTA Silver, Red and Orange Lines. The property is located within proximity to numerous restaurants, hotels, fitness centers, retail and coffee shops. Currently, there is only 5,000 SF still available at 46 Plympton Street.