GVA Williams Boston Tapped to Market 8.12 Acres in Boston’s Coveted Seaport District

Boston, MA - The US Army Reserve (USAR) and the US General Services Administration (GSA), in collaboration with GVA Williams Boston, TCBA, and Faithful+Gould, are pleased to announce a rare investment/development opportunity in Boston's coveted Seaport District called Seaport Xchange. Seaport Xchange consists of a composite of 13 land parcels totaling 8.12 acres, including the nine-story, 620,000 SF building at 495 Summer Street, a 14,000 SF maintenance garage, and six acres of developable land.

The Government is offering this unique exchange opportunity involving the disposition of Seaport Xchange and the interrelated acquisition of construction services to update and realign USAR facilities. The intent is to capture the value of Seaport Xchange by making the real estate available with consideration in the form of the construction services. Full details of the opportunity are outlined on the property's website, www.seaportxchange.com. GVA Williams, in collaboration with Thompson, Cobb, Bazilio & Associates (TCBA) and Faithful+Gould, has been hired to market Seaport Xchange. The Property is being offered through a competitive bid process, also fully explained on the website.

"This is an excellent assignment for GVA Williams as we get to work with a great team and represent one of the premier development sites available in Boston." said Catherine Thompson, CEO of GVA Williams Boston.

"The US Army Reserve is proud to provide this one-of-a-kind real estate opportunity. The benefit of this transaction is twofold: the state-of-the-art facility will allow the Army Reserve to better carry out its mission of training soldiers for the challenges of the 21st Century, and the exchange will enhance the development of Boston's Seaport District," said Eric Loughner, Deputy Chief of ACSIM-Army Reserve.

About US General Services Administration
GSA is a federal procurement and property management agency created to improve government efficiency and help federal agencies better serve the public. GSA's 12,000 employees provide services and solutions for the workplace operations of over one million federal workers located in government-owned and leased buildings in more than 2,000 U.S. communities and overseas. GSA's New England Region provides products and services throughout Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont. The Real Property Disposal Division has responsibility under the Property Administrative Act to ensure the utilization and disposal of federally-owned real estate in 18 states, Puerto Rico, and the Virgin Islands.

About Faithful+Gould
Faithful+Gould is an international consultancy firm providing project management and cost management services for construction and engineering projects and is a member of the Atkins Group of companies. The company was established in 1947 and became part of Atkins in 1996. In the United States and Puerto Rico, Faithful+Gould maintains over 20 offices ensuring the local resources to support client projects wherever they may be. They have more than 60 consecutive years of construction consulting experience with over 600 skilled professionals and have been named in the Top 20 CM firms and Top 40 CM firms by Engineering New Record (ENR) (2008).

About Thompson, Cobb, Bazilio & Associates, PC
Thompson, Cobb, Bazilio & Associates, PC (TCBA) is a full-service professional services firm that specializes in providing accounting, audit, tax preparation and planning, information systems technology, financial and management consulting services. Founded in 1983, TCBA is headquartered in Washington, D.C. with local offices in Torrance, CA; Bowie, MD; Atlanta, GA; Hartford, CT and Philadelphia, PA. The Firm is managed by its three named partners and sixteen principals and directors, with support from a cadre of more than 200 managerial, supervisory, professional and consulting staff including CPAs and MBAs. Their professionals have extensive experience in management and financial consulting, information systems technology, financial consulting, securitizations, health care consulting, economic development consulting, accounting, auditing, business process reengineering, and facilities management.

About GVA Williams Boston
GVA Williams Boston is a Corporate Real Estate Advisory firm providing tenant representation, landlord representation, investment sales, property management, program management, market analyses, strategic planning, and lease administration services. GVA is an international organization of real estate industry leaders serving key markets in 38 countries. A leading advisor in commercial real estate, GVA helps its clients optimize their portfolios locally and around the world through the GVA Worldwide partnership. The organization comprises over 3,500 real estate professionals in more than 90 markets worldwide.