South Boston Gateway

About South Boston Gateway

18 West Third Street, South Boston, Boston, MA

Property portfolio offered for sale located at the corner of A and West Second Streets in South Boston, steps from the Seaport District.

The properties offered include 18 West Third Street, a three-story, 31,635-square-foot research and development laboratory building, and a 0.26-acre, 32-space surface parking lot located across Bolton Street from the building. 18 West Third Street features minimal hallways, high ceilings, three sides of windows and in-place lab infrastructure, and could be converted into multifamily housing. A 17,035-square-foot building can be built on the parking lot as of right. South End Gateway is offered as-is, free and clear of debt with no asking price. The portfolio's broker is Colliers International.

South End Gateway’s seller is Procter & Gamble, a longtime South Boston landowner who recently sold 2.5 acres along Fort Point Channel to General Electric for the company’s new headquarters campus. The portfolio is immediately surrounded by new development, including State Street’s recently completed offices at One Channel Center, the approved 105 West First Street office development and the under-construction Artists for Humanity Expansion, PORT45 and Residences at 100 A Street.