News: Owners Developers & Managers

Skanska USA to move to 28,000 s/f space at the 17-story 101 Seaport

Boston, MA Skanska USA is moving its offices from 253 Summer St. in the city’s Fort Point to 101 Seaport, a 17-story, 440,000 s/f office building with 20,000 s/f of ground-floor retail targeting LEED Platinum certification, developed and built by Skanska.

101 Seaport - Boston, MA 101 Seaport - Boston, MA

Skanska, which has had a presence in the Greater Boston area for nearly 70 years, will take just over 28,000 s/f on the second floor and will move at the end the year. Skanska also executed a lease in the same building with Red Thread and Steelcase for an additional 15,000 s/f. Red Thread and Steelcase provide workplace and audiovisual solutions; and manufacturer furniture for offices, hospitals, and classrooms. These leases bring 101 Seaport to 91% occupied.

101 Seaport is ideally located on the corner of Seaport Blvd. and Boston Wharf Rd. Skanska, Red Thread and Steelcase join 101 Seaport’s anchor tenant PwC, which has relocated its northeast headquarters from the city’s Financial District to the Seaport District.

Skanska invests in and develops efficient, sustainable projects and builds them to minimize environmental impact. Each Skanska development aims to achieve a minimum LEED Gold certification.

“Our move to 101 Seaport exemplifies our shared values with Red Thread and Steelcase and underscores our continued commitment to providing the Boston community with creatively-designed spaces that help increase productivity, boost employee morale and foster business growth,” said Shawn Hurley, executive vice president and regional manager for Skanska USA Commercial Development.

“We are thrilled to be a part of the 101 Seaport community and believe that the building’s design and amenities will enhance the Steelcase and Red Thread brands and help to support the wellbeing and engagement of our people,” said Jeff Keener, CEO, Red Thread.

Skanska is developing and building two other projects in the Seaport: 121 Seaport, a 17-story, 400,000 s/f class-A elliptical-shaped office building, and Watermark Seaport, a 300,000 s/f, residential building, which launched pre-leasing in October. 101 Seaport, 121 Seaport and Watermark Seaport will form Boston’s most sustainable block when complete. Skanska’s newest development is 1350 Boylston, a 17-story, 183,000 s/f residential tower in the Fenway.

Both 101 Seaport and 121 Seaport add distinct towers to the city skyline while providing its occupants with commanding views of Boston Harbor and the Financial District. Tenants of the buildings will enjoy outdoor terraces, sophisticated fitness centers, and the adjacent Harbor Way – an expansive 70-foot wide retail corridor that will ultimately tie together public open spaces within Seaport Square.

In addition to its self-financed development projects, Skanska’s recent construction projects in the Greater Boston area include the Novartis Cambridge Campus, the Longfellow Bridge and the EF Education First, North American Headquarters.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,