By combining parcels 14 and 15 with 50 Dalton St., would provide 62,272-sf of development area and could enable an easier building process by providing land-based property, as opposed to dealing with air rights on parcels 14 and 15, according to sources. The RFP's are scheduled to be in by December 5th, 2008. It would be advantageous for one or more of them to include the property at 50 Dalton St.

The property currently houses numerous retail leases, including Bukowski's, Kings, Pacer Cats, Summer Shack, and a Sony theatre. Auditorium Garage runs the 500 parking spaces on the property. Parcel 13 stands across Boylston Street and Parcel 12 is a block south on Massachusetts Avenue. The properties are accessible to the Massachusetts Turnpike, the Prudential Center and Hynes Convention Center. There is no disclosed asking price. The Back Bay is sought-after property, boasting some of the highest rental rates in the city with JLL's Q3 2008 numbers averaging office rates in the Back Bay at roughly $59 per sf and new construction rates predicted to be anywhere from $80 to $85 per sf, as compared to an average of $75 to $80 per sf elsewhere in Boston.

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