31 Saint James Avenue is an institutional-scale office property situated in Boston's Park Square / Back Bay submarket. Public records show an approximately 540,000 square foot building spanning 11 stories, originally constructed circa 1922 and reportedly renovated in 2013. The building is referenced as LEED Gold certified.
The property occupies a central urban block with frontage extending toward Providence Street, as reflected in municipal parcel mapping. The immediate area is characterized by established commercial density, transit connectivity, hospitality infrastructure, and residential growth, contributing to sustained tenant demand within Boston's CBD.
Reported amenities include 24-hour access, controlled entry, on-site management, conferencing facilities, restaurant and convenience retail components, security systems, elevator banks, and nearby parking. Public records further note sprinkler systems and vertical transportation infrastructure.
Municipal assessment records indicate a FY2026 assessed value of $118,617,800 with a commercial classification (0346). Given its scale, institutional profile, and location within Boston's core office corridor, the asset may warrant evaluation for: long-term income hold, capital structure optimization or recapitalization, lease-up or tenant remerchandising initiatives, ESG-aligned repositioning considerations, adaptive reconfiguration subject to municipal approvals.
All prospective investors are encouraged to conduct independent underwriting, lease analysis, physical inspections, zoning review, and financial diligence.
Michael B. Carey - MA #AU3188 | Samantha S. Kelley - MA RE Lic. 134740