Retail/Hospitality

Boston Realty Advisors to Lease Retail at BGI’S 10 World Trade

Designed to break the mold from traditional architecture, 10 World Trade is set for a completion date of December 2024. / Rendering courtesy of Sasaki

Boston – Boston Realty Advisors has been engaged as the exclusive broker of the extensive retail space at 10 World Trade, Boston Global Investors’ (BGI) 17-floor research and development tower now rising in the Seaport District.

With cutting-edge technologies in exterior glass, interior climate control and other innovative elements of future commercial space, the 555,250sf 10 World Trade is being constructed with extensive open space and public access on a ground level, open seasonally on all four sides.

Bleacher seating, operable glass walls, and flexible furniture layout will round out a fast casual dining operation. / Rendering courtesy of Sasaki

The development, located at the intersection of Congress Street and World Trade Center Avenue, will have a ground-level food hall as part of 15,000sf of retail, to be curated by Boston Realty Advisors, in the heart of the Seaport District.

“As it takes shape in the growing Seaport neighborhood, 10 World Trade is already becoming known as one of the outstanding commercial spaces that define Boston,” said Whitney Gallivan, managing director and partner of Boston Realty Advisors. “We are honored to have been chosen by BGI and their partners to activate 10 World Trade’s attractive retail spaces.”

“Boston Realty Advisors brings world class execution and local authenticity to our flagship development at 10 World Trade,” said John Hynes IV, project executive for BGI. “We’re excited to officially welcome them to the team as we build a real destination for the community, and we look forward to sharing some more very exciting updates in the near future.”

10 World Trade is being constructed jointly by Suffolk Construction of Boston and H.J. Russell & Co. of Atlanta. Architectural and engineering services are being provided by Sasaki, Thornton Tomasetti, C3 and ARUP.

Construction on 10 World Trade is in progress; steel is on track to top out by October 2023. / Photo courtesy of Boston Global Investors

Investors include PGIM Real Estate, Wheelock Street Capital, Bastion Companies, CCG Development, and EDGE. From conception and design, through financing and construction, 10 World Trade has involved extensive minority and female-owned participation.

According to BGI, 10 World Trade will “empower, connect, and inspire those who are shaping the future by leading the way in sustainable, human-centered design.” About 287,000sf of space is designated for life sciences and 258,000sf for office use.

The new building has direct access from Summer and Congress streets, I-90 and I-93, with 275 parking spaces in the adjacent South Boston World Trade Center Garage. It features a number of innovations designed to enhance sustainability and comfort, including View Smart Windows, which use predictive artificial intelligence to tint or brighten, either automatically or by command, eliminating glare and reducing airborne particles while maximizing views, thermal comfort and energy savings.

Within a half mile of 10 World Trade are more than a million square feet of dining, retail and entertainment; more than 3 million sq. ft. of new residential space; more than 3,200 hotel rooms, and 15-plus acres of outdoor public realm and parks. A dramatic, 45-foot-tall atrium connects the building’s two lobby levels with a grand stair, escalators, and a public elevator. Indoor and outdoor space merge, as operable glass walls are incorporated to create a seamless transition between the ground floor and the surrounding urban fabric.

As part of a commitment to activating the project site for building tenants and the local community alike, the development has engaged Isenberg Projects to oversee year-round programming and events.

Boston Global Investors, founded by John Hynes, was one of the original developers of the Seaport District, hundreds of acres of filled Boston land that from the 19th century on became a center of warehouse, shipping, industrial and maritime activity, driving Boston’s growing economy. BGI oversaw the development of over 2 million sq. ft. in the Seaport from 2012 to 2016, including its own headquarters on Seaport Boulevard.