Equity Office Inks Four Key Lease Deals at South Station with CVS/pharmacy,
Tavern in the Square’s Airport-Style Bar, Starbucks and the Return of
Beloved Barbara’s Books
Travel Hub to Offer More Convenience, Shopping and Dining
BOSTON -- October 16, 2013
Equity Office announces four new leases have been signed for South Station –
beginning with leading retail pharmacy CVS/pharmacy, which will be 30,000 SF
on two levels, connected with an escalator; Tavern in the Square (780 SF with
seating for 40); Starbucks; and the return of Barbara’s Books – marking the
beginning of planned changes at Boston’s longest-standing travel epicenter.
Renovations done in tandem with lease installations will transform the
Station’s restrooms into airport quality facilities.
“South Station will soon offer patrons a full service atmosphere providing
everything from coffee, an airport style bar, a CVS/pharmacy and the return of
its beloved bookstore,” said Britton Derkac, Director, Leasing, Equity Office.
“Restroom changes will include creation of an airport-quality ladies room in
the former Clark’s space and an expanded high quality men’s room in place of
the current restroom configuration.” Equity Office will manage the work with a
phased approach to construction. Initial construction will begin in October,
with the restrooms conforming to accessibility standards.
"This is great news not only for the thousands of people who travel through
South Station daily, but also for the Commonwealth as a whole," said MBTA
General Manager Beverly Scott. "These leases help fund the upkeep of New
England's busiest transit hub at no cost to the MBTA or taxpayers."
CVS/pharmacy will begin construction of its two-level store complete with an
escalator and elevator this November with a planned opening in March 2014. The
store will feature a full service pharmacy, large health and beauty
departments, convenience food offerings and general merchandise.
The Tavern will open in late Fall: “Tavern in the Square is very excited about
this opportunity. We are taking 780 SF and we will have 40 seats in our space.
It will be a scaled down version of our menu, serving 50 draught beers. Our
opening date is set for November or early December,” said Joey Arcari,
founder, Tavern in the Square.
Barbara’s will take approximately 300 SF and is thrilled to be back. “We at
Barbara’s Bestsellers could not be happier to return to South Station. We have
been the station’s bookseller for almost 20 years. It is a great place to sell
books and we can’t wait to be back,” said Don Barliant and Janet Bailey,
owners, Barbara’s Bestsellers.
“With a flagship CVS, Tavern in the Square, Starbucks and Barbara’s Books
among the retailers and food service providers at South Station, we will
provide a one-stop travel and service center for patrons,” said Mark Smith,
Market Managing Director, Equity Office.
Gilbane Building Company has been contracted to carry out the landlord
improvements in South Station to prepare the space for CVS. Gilbane has been a
leading Boston construction firm since 1946.
South Stationis located in the heart of Boston’s major business district and
serves as the major downtown commuter rail station. It is a hub for the MBTA,
Boston’s primary public transportation system, and a main stop for Amtrak’s
Northeast Corridor Service. It is estimated that 130,000 travelers pass
through South Station each day.
Equity Office (www.equityoffice.com) is one of the largest commercial property
owners in New England with more than 9.5 million square feet of space in the
region, and with a portfolio encompassing approximately 70 million square feet
of Class A office space under management in superior locations throughout the
country. Equity Office is an affiliate of The Blackstone Group, a pre-eminent
global equity firm providing significant financial strength and long term
For Equity Office
Julia Tanen, 508-523-6498
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