
One Federal St | Boston, MA
One Federal Street is a trophy 1.1 million square foot office building in the heart of Boston's Financial District. This 38-story Property was completed in 1976 and underwent significant modifications, including lobby upgrades and elevator modernization. Currently, the property is well leased by a diverse tenant roster. Tenants include major financial, accounting and legal institutions. Brickman purchased a $49 million senior mezzanine note at a discount. The low cost basis, the Property's strong presence in the Boston market, and the Property's historically premiere and diverse rent roll attracted Brickman to this acquisition.
Property Details
- Property Type
- Office
- Investment Type
- Mezzanine
- Rentable Area (S.F.)
- 1,118,000
- Year Built / Renovated
- 1976 / 1996
- Investment Date
- Jun-10
