The Fallon Company has an unmatched reputation in Boston for confidently undertaking the most challenging and complex real estate development projects in the city, brilliantly executing them to the highest degree of quality, and perfectly positioning them for their optimal use now and in the future. Founded by Joe Fallon in 1993, the firm has consistently achieved successful results due to the exceptional experience and dedication of its team, as well as Joe’s visionary leadership.
Since it was established, The Fallon Company has developed billions of dollars of commercial real estate. In 2005, it acquired one of the most sought-after waterfront sites in the United States—Fan Pier a 21-acre property spanning nine city blocks and permitted for three million square feet of mixed-use development. When complete, this property will include offices with exceptional amenities, a world-class hotel, luxury residences, a marina, and a host of retail and dining opportunities. Additional real estate projects developed by The Fallon Company include The Westin Boston Waterfront Hotel, Park Lane Seaport, ONE Marina Park Drive, Fifty Northern Avenue, and Eleven Fan Pier Boulevard.
The company is known and highly regarded for its intimate understanding of environments that create extraordinary places for members of a community to work, live, dine and socialize.
May 10, 2020
Permit Pulled for $8M Renovation to The Inn At Brookline
A building permit valued at 8M has been pulled for major renovations to the Inn at Brookline along Beacon Street. The project will include finish upgrades to all guest rooms and common space plus life safety system upgrades. The exterior of the building will also see envelope repairs and improvements. Construction is expected to last through September.
Jan 20, 2020
$1.34M Permit Pulled for 5th Floor Fit-Out at 100 Northern Ave.
A permit valued at $1.34M has been pulled for the fit-out of the 5th floor at 100 Northern Avenue in the Seaport. The 17-story tower, completed in 2016, features a total of 516,000 square feet with 18,000 square feet of ground-floor retail space.
Dec 19, 2019
Seaport District Building Trades for $482 Million
Clarion Partners has acquired ONE Marina Park Drive in Boston's Seaport District for $482 million.
The property features a 522,000 square foot office building that was constructed in 2010 and was the first building erected in the Fan Pier development.
ONE Marina Park Drive is beautifully complemented by a six-acre marina and inviting green spaces. Additionally, the tower is neighbored by two luxury condominium towers, 50 Liberty and Twenty Two Liberty, and sits adjacent to Eleven Fan Pier Boulevard and Fifty Northern Avenue.
Dec 16, 2019
$3.8M Permit Pulled for Reno to Upcoming Grub St. Space at 50 Liberty
A permit for interior renovations has been pulled for the 1st and 2nd floors of 50 Liberty Street in the Seaport. The $3.8M permit will include new finishes, HVAC, electrical, and fire alarm systems to the space that will be the future home of the Grub Street Narrative Arts Center. The 13,000+ square foot space will include a bookstore, cafe, community space for writers, a podcast studio, and more classrooms for GrubStreet’s. The Narrative Arts Center is expected to open in late winter/early spring 2020.
Dec 06, 2019
$5M Reno Permit Pulled for Goodwin Procter Offices at 100 Northern Ave.
A permit has been pulled for a $5M renovation to the Goodwin Procter offices at 100 Northern Ave. in the Seaport. Work across the 5th through 7th floors will include build-out of shell space on the 5th floor, select demo of existing space plus renovations to floors 6 and 7. The project will also add a new communicating stair between floors 5 and 6.
Sep 27, 2019
$4.5M Reno Permit Pulled for Aptiv Offices at 100 Northern Ave.
A permit for office renovations valued at $4.5M has been pulled by JDL Corporate Interiors for renovations to the Aptiv offices at 100 Northern Avenue in the Seaport. The permit calls for new GWB partitions along with upgraded finishes and adjustments to mechanicals, electrical, and plumbing to accommodate a new layout.
Apr 12, 2018
Construction Complete at 50 LibertyConstruction of the luxury condo building on Fan Pier is now complete. 50 Liberty features breathtaking views of Boston Harbor and the Downtown Boston skyline. Residents are situated at the heart of Boston's most innovative neighborhood, the Seaport District, steps to multiple dining and entertainment options. Residential amenities include top luxury finishes, floor-to-ceiling glass window walls, warm wood floors and high ceilings throughout. Building amenities will include a private waterfront club room, a boardroom for meetings, a private gym, 24-hour concierge service and underground garage parking. Luxury condominiums at 50 Liberty are now on sale. Visit 50Liberty.com for more information.
Feb 12, 2018
Aptiv leases 62,000 square feet at 100 Northern Avenue in Seaport District
British autonomous car and vehicle safety company Aptiv has leased 62,000 square feet across several floors at 100 Northern Avenue, a recently constructed 17-story, 534,000-square-foot office building located in Boston’s Seaport District. Aptiv’s space will house about 300 employees and open in mid-2018, joining anchor tenant law firm Goodwin, who leases 375,000 square feet across the seventh through 17 floors and a portion of the sixth floor.
Aptiv’s space will include the headquarters of nuTonomy, the autonomous car startup that has partnered with rideshare provider Lyft to test autonomous cars throughout the Seaport District. Aptiv, formerly known as Delphi, acquired nuTonomy for $450 million in October 2017. nuTonomy will relocate from its’ current office at the Seaport District’s Innovation and Design Building.
With Aptiv’s lease, about 79,000 square feet of office space remain for lease at 100 Northern Avenue. The building’s ground floor contains 18,000 square feet of retail home to a Sorelle cafe and a Wagamama restaurant. 100 Northern Avenue is located on the edge of Boston Harbor, with sweeping views of the water and the Boston skyline. The building was completed in Summer 2016 by The Fallon Company, and sold to Deutsche Bank of Germany for $447 million in March 2017.
Dec 20, 2017
The Fallon Company, developer of the nine-building Fan Pier in the Seaport District, proposes to eliminate a previously approved waterfront hotel next to the 100 Northern Avenue office building from the project, replacing the hotel with housing, and construct an office building next to the nearly-complete 50 Liberty condominium building. Citing the economic infeasibility of building a hotel on the site, known as Fan Pier Parcel H, Fallon proposes to instead construct either 155 to 170 condominiums or 225 to 245 apartments. The previously approved hotel would have included 150 hotel rooms with condominiums above. As required by law, the Parcel H building will include over 23,500 square feet of civic and cultural space and a new water transportation terminal. The office building, which would be built on Fan Pier Parcel E, would contain 300,000 square feet of office space, instead of 150,000 square feet of office space and 150,000 square feet of lab space as previously approved, and would also include ground-floor retail. Fallon has filed plans for its’ proposed changes to Fan Pier with the Boston Planning & Development Agency (BPDA), who is now reviewing the plans.
Jun 19, 2017
Facade complete at 50 Liberty waterfront luxury condos in Seaport District, interior fit out underway
The 14-story glass-and-marble facade of the 50 Liberty luxury waterfront condominium residences in the Seaport District is complete, with all floor-to-ceiling glass curtain wall panels, marble exterior finish panels and private balconies installed. Interior fit out of 50 Liberty’s 120 luxury residences is now underway in anticipation of the building’s opening in Early 2018; luxury residences at 50 Liberty are now on sale. Finishing of 50 Liberty’s interior common spaces, which include desirable amenities such as a private waterfront club room, a board room for meetings and a private gym, is also underway. On 50 Liberty’s ground floor will be 30,000 square feet of civic, cultural and retail space along a new waterfront boardwalk. The following are photographs of 50 Liberty:
Apr 04, 2017
Anonymous investor acquires 45% stake in Vertex Pharmaceuticals’ Seaport District campus for $261 million
An anonymous financial investor has paid $261 million to acquire a 45% equity stake in Vertex Pharmaceuticals’ 1.1 million square foot, two-building Seaport District global headquarters campus. Senior Housing Properties Trust (SNH), who acquired the campus for $1.1 billion in May 2014, retains a 55% majority stake in the campus and will continue to manage the property. The anonymous investor’s $261 million investment is based on the campus’ present valuation of $1.2 billion, with under $620 million of existing secured debt on the property.SNH closed last July on a new 10-year, $620 million mortgage on the campus provided by Morgan Stanley and Citi Bank with a fixed interest rate of 3.53%; the loan will mature in August 2026. “This transaction highlights the increased value of these two well-located, well-leased buildings since we acquired them less than three years ago,” said SNH President & COO David Hegarty in a statement. “This transaction also reduces our investment portfolio’s concentration in this property and reduces our overall leverage.”
Mar 21, 2017
100 Northern Avenue Class A office building in Seaport District trades for $447 millionRREEF Property Trust, a division of Deutsche Bank of Germany, has acquired the recently opened, 515,000 square foot 100 Northern Avenue Class A office building in the Seaport District from developer The Fallon Company for $447 million. The sale amounts to about $868 per square foot. 100 Northern Avenue was developed for $300 million and opened in July 2016. The building is 75% occupied by lead tenant Goodwin LLP, with Sorelle Bakery & Cafe now open on 100 Northern Avenue's ground floor.
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