LaSalle operates in 17 countries and 24 offices worldwide. As an independent subsidiary of Jones Lang LaSalle Incorporated (NYSE: JLL), one of the world's largest real estate companies, we have a presence in every region of the world in which we invest.
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Mar 30, 2020
$1M Permit Pulled to Add Additional Restrooms at 399 Washington
A permit valued at $1,063,000 has been pulled to construct additional bathrooms on the 3rd, 4th and 5th Floors of 399 Washington Street in Downtown Crossing. The historic building is currently undergoing a massive renovation and will feature over 70,000 square feet of office and retail space.
Feb 11, 2020
399 Washington Street Nearing Completion
With work nearly complete on the install of the 2-story glass and metal facade, construction at 399 Washington Street in Downtown Crossing is wrapping up. Along with ground-floor retail space, the building also includes over 30,000 square feet of creative office space.
Oct 15, 2019
Construction Continues on Revamp of 399 Washington
Construction continues on the renovation of the historic building dating back to 1881 at 399 Washington Street in Downtown Crossing. Facade repairs are nearly complete on the upper floors with work now underway to install a 2-story glass and metal facade at the base of the building. Along with ground-floor retail, the project also includes over 30,000 square feet of office space. Construction on the base building is set to be complete in February.
Jul 08, 2019
CityView at Longoowd Refinanced for $52.05 Million
After being acquired for $180 million this past June, CityView at Longwood as been refinanced via LaSalle Investment Management for $52.05 million.
To keep up with the recent development in the area, planned renovations include a a new common area on the penthouse level that will feature more than 8,000 square feet of lounge space, a community kitchen, fitness center and an indoor/outdoor roof deck. Additional new amenities will include a pet spa and resident storage space. Unit renovations will include the additions of granite countertops, updated appliances, new cabinets, sophisticated light fixtures, new flooring and tile backsplashes.
Aug 15, 2018
Facade Work Underway for DTX 399 Renovation
Facade work is underway to transform 399 Washington Street, DTX 399, from the long-vacant site to prime retail and office space. The 77,000 square foot historic building will be completely renovated, both inside and out while maintaining the original character. The prime location, along Washington Street, in Downtown Crossing, sees over 50,000 pedestrians pass each day.
The project remains on schedule using Touchplan, a construction software that allows developers to plan, implement, and monitor projects in their entirety. The innovative software gives developers the ability to see the full spectrum of their project down to every last detail. Touchplan has let developers keep their projects on or ahead of time leading to lower costs and more efficient construction.
Feb 19, 2018
New lobby and “building within a building” coming to 50 Post Office Square
50 Post Office Square, a historic 18-story, 782,304-square-foot Art Deco tower overlooking the eponymous landmark park, is receiving a new lobby, part of a new “building within a building” featuring amenities desirable to 21st century tenants. The lobby will have the address of 110 High Street, and will be exclusive to tenants of the new 200,000-square-foot “building within a building”, which will be located across 50 Post Office Square’s first six floors. The lobby will feature a high ceiling enclosed by a 35-foot-tall glass curtain wall, as well as an indoor-outdoor LED screen. Atop the lobby will be an outdoor roof deck also exclusive to “building within a building” tenants.
50 Post Office Square is the latest existing Boston office building to receive a “building within a building” across lower floors, a growing strategy to bring new life to older assets. Boston Properties recently introduced a boutique “building within a building” across the first six levels of the 62-story 200 Clarendon Street tower in the Back Bay, formerly known as the John Hancock Tower, with the address of 120 St. James Avenue. Boston Properties’ “building within a building” is designed to appeal to technology tenants with younger workers, many of whom prefer a more direct, visual connection to cities’ streetscapes well served by space closer to ground level.
Installation of the glass curtain wall of the 110 High Street lobby is nearly complete, and fit out of the lobby’s interior and roof deck will soon begin. Completion of the lobby is expected this Summer. The following are photographs of the 110 High Street lobby:
Jun 26, 2017
LaSalle and L3 acquire long-vacant Downtown Crossing building for $63.25 million, repositioning and rebranding commencing this Summer
LaSalle Investment Management and L3 Capital have acquired 399 Washington Street, a long-vacant 77,000-square-foot office and retail building in Downtown Crossing located across from Millennium Tower, for $63.25 million and plan to commence construction on an extensive repositioning of the building this Summer. The building, formerly home to a Barnes & Noble bookstore and vacant since 2006, will be rebranded DTX 399 and will feature six levels of prime retail and creative office space; Colliers International will be the building’s office and retail leasing broker. “We are beyond excited to publicly introduce this incredible opportunity to the market,” noted Colliers Senior Vice President Peter Montesanto. “Given its proximity to the Millennium Tower and the exciting tenants who accompanied that ‘game-changing’ project, we anticipate tremendous interest from flagship retailers and innovative companies drawn to the vibrancy and accessibility of DTX.” The sale of 399 Washington Street amounts to $821.43 per building square foot; Eastern Consolidated brokered the sale on behalf of seller Robert Posner.
The upcoming repositioning will preserve 399 Washington Street’s unique architecture while juxtaposing a sleek, contemporary flare to the first and second floors of the building. Both interior and exterior building systems will be fully overhauled. “L3 Capital is excited about adding this premier asset to our portfolio in such a dynamic corridor,” noted L3’s Tim Phair. “Boston’s DTX 399 has long been on our radar as an incredible repositioning opportunity, and we are eager to begin working with our partners at LaSalle Investment Management to bring our vision for the building to life.” A rendering of the repositioned 399 Congress Street is posted above.
Apr 23, 2017
LaSalle and L3 acquiring former Downtown Crossing bookstore for $65 million, redevelopment in works
Real estate investors LaSalle Investment Management and L3 Capital have a deal in place to acquire 395-403 Washington Street, a 75,000 square foot building located across from Millennium Tower formerly home to a Barnes & Noble bookstore, for around $65 million ($867 per square foot). The deal is expected to close this September. LaSalle and L3 will redevelop the building, which has been largely vacant since Barnes & Noble’s 2006 closure, into two stories of ground-floor retail and three stories of upper-floor creative office space. LaSalle acquired 10 Post Office Square in the Financial District last month for $188 million, or $423 per square foot.
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