South Boston Gateway
Update
11/09/17
South Boston property portfolio surrounded by development listed for sale
Procter & Gamble has listed a three-story, 31,635-square-foot research & development laboratory building and 0.26-acre, 32-space surface parking lot located at the corner of A and West Second Streets in South Boston, a corner surrounded by new development projects, for sale through Colliers International. The portfolio, marketed as South Boston Gateway, presents significant development potential. The building, located at 18 West Third Street, stands on a 0.26-acre lot and is equipped with minimal hallways, high ceilings, three sides of windows and in-place lab infrastructure. A 17,035-square-foot building can be built on the parking lot as of right. Development projects surround South Boston Gateway, 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. South Boston Gateway is offered as-is, free and clear of debt with no asking price.
