One Federal St, Boston, MA

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.

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