RETAIL LEASING OPPORTUNITIES
AVAILABLE SPRING 2016
DEVELOPMENT HIGHLIGHTS IN AND AROUND THE DISTRICT
78,000 SF ON-SITE RETAIL adjacent to the highest grossing suburban mall in MA by sales per SF, Burlington Mall
70,000 EMPLOYEES, WITHIN A 3 MILE RADUIS 3,000 on-site
5 Hotels WITHIN 1 MILE + 1 ON-SITE Marriott Residence Inn
1.4M SF OF OFFICE SPACE located at The District Burlington
176,000 RESIDENTS WITHIN A 5 MILE RADIUS with an average household income of $130,000
75% OF THE COMPANIES WITHIN A 3 MILE RADIUS are headquartered in Burlington
BURLINGTON’S LARGEST TENANTS Burlington is located in the Greater Boston area, 12 miles northwest of Boston. Burlington is home to approximately 8 Million SF of Class A commerical space. The District is home to some of the largest and most prestigious tenants in Burlington - BAE Systems, Black Duck Software, Charles River Systems, and Decision Resources.
425,000 SF
371,000 SF
102,000 SF
88,000 SF
58,000 SF
55,000 SF
215,000 SF
66,000 SF
54,000 SF
122,000 SF
63,000 SF
54,000 SF
117,000 SF 62,000 SF
111,000 SF
47,000 SF
47,000 SF RETAIL LEASING OPPORTUNITIES | AVAILABLE SPRING 2016
MARKET DEMOGRAPHICS
TRADE AREA DEMOGRAPHICS POPULATION
AVG. HOUSEHOLD INCOME
BACHELOR’S DEGREE
BURLINGTON
24,000
$115,000
29%
BEDFORD
13,000
$145,000
30%
BILLERICA
32,000
$106,000
21%
CARLISLE
5,200
$224,000
35%
CONCORD
19,000
$200,000
31%
LEXINGTON
32,000
$189,000
25%
LINCOLN
5,300
$228,000
32%
WILMINGTON
23,000
$116,000
21%
WINCHESTER
22,000
$192,000
32%
WOBURN
39,000
$88,000
21%
Data JLL Boston, 2014
BURLINGTON, MA
NEIGHBORHOOD DEMOGRAPHICS 1 MILE
3 MILES
5 MILES
7 MILES
ESTIMATED POPULATION
6,700
61,000
176,000
335,000
ESTIMATED # OF HOUSEHOLDS
2,500
23,500
66,000
129,000
AVERAGE $113,000 $110,000 $130,000 $123,000 HOUSEHOLD INCOME # OF EMPLOYEES
7,300
70,000
156,000
226,000
# OF BUSINESSES
670
4,200
11,000
17,000
Data
Bedford
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Burlington
RETAIL LEASING OPPORTUNITIES | AVAILABLE SPRING 2016
THE MARKET AREA A CLOSER LOOK AT BURLINGTON RETAIL TODAY
and restaurant space Retail available at The District Burlington: • • • •
1,980 SF of retail space 6,000 SF of restaurant space 7,550 SF of restaurant space 25,000 SF of retail space
RETAIL LEASING OPPORTUNITIES | AVAILABLE SPRING 2016
THE OVERVIEW DEVELOPMENT PROGRAM OFFICE DEVELOPMENT & REDEVELOPMENT • Major redevelopment and expansion of existing office tower - 80,000 SF of Class A office space with roof deck, premium glass façade and other best-in-market amenities • 180,000 SF of build-to-suit office space is currently available • Upgrades to interior and exterior existing building entries and lobbies
RETAIL • 78,000 SF of brand new retail and restaurant space including Island Creek Oyster Bar and Pressed Café.
SITE UPGRADES • Significant infrastructure and landscape redevelopment throughout The District and Burlington Mall Road
HOTEL • 170-Key Marriott Residence Inn (with first floor restaurant space available)
PARKING GARAGE • Brand new 350 space parking garage with electric car charging stations
WORKPLACE OF THE FUTURE Today’s tenants demand convenience, a healthy workspace, and a variety of areas in which to collaborate. The District Burlington represents an urban scaled atmosphere with a variety of relevant amenities including, restaurants, proximate retail, hotel and open space that creates a more dense, and cohesive environment that will cater to the demands of today’s work force and will allow for employers to attract and retain the highest quality talent. Through the development of new state-of-the-market flexible, collaborative workspace; site improvements to pedestrian pathways, walking trails and nature views to promote wellness, the addition of many new destination restaurants and a 170-key Residence Inn by Marriott; transformative changes to existing building entries and lobbies; and creative programming to promote personal and professional advancement.The District Burlington is the premier destination on I-95/Route 128.
RETAIL LEASING OPPORTUNITIES | AVAILABLE SPRING 2016
LEASING OPPORTUNITIES LIFE BEYOND 9 TO 5.
N M ALL ROA D
AVAILABILITIES
BUR
LIN
GTO
VA L E T PA R K ING
NEW PA R K ING
6,000 SF OF RESTAURANT SPACE AVAILABLE
1,980 SF
25,000 SF
7,550 SF
OF RETAIL SPACE AVAILABLE
OF RETAIL SPACE AVAILABLE
OF RESTAURANT SPACE AVAILABLE
PRESSED CAFÉ WWW.PRESSEDCAFE.COM
ISLAND CREEK OYSTER BAR
TD BANK WWW.TDBANK.COM
WWW.ISLANDCREEKOYSTERBAR.COM
RETAIL LEASING OPPORTUNITIES | AVAILABLE SPRING 2016
CONTACT US NATIONAL DEVELOPMENT National Development is a fully integrated real estate company that provides development, construction, asset management and investment acquisition services. The Newton-based firm is currently ranked as one of the largest development companies in Massachusetts. National Development has a diverse product base with major projects in the office, industrial, retail, senior housing, multi-family, hotel and institutional sectors. Since 1983, National Development has developed over 22 million square feet in over 45 communities throughout the region. In addition, the firm manages close to seven million square feet of assets. 2014 BBJ, Largest Commercial Developer in Massachusetts 2014 BBJ, Top 10 Largest Commercial Property Managers in Massachusetts 2013 Commercial Broker’s Association, Landlord of the Year 1998, 2011 NAIOP, Distinguished Real Estate Award
CONTACT Andrew Gallinaro Senior Vice President, Director of Asset Managment National Development 617.527.5241 agallinaro@natdev.com www.natdev.com
RETAIL LEASING OPPORTUNITIES | AVAILABLE SPRING 2016
WORK. LIFE. BALANCED.
RETAIL LEASING OPPORTUNITIES | AVAILABLE SPRING 2016
www.districtburlington.com @thedistrict_B