Cushman & Wakefield’s Capital Markets Group arranges the sale of “jewel box” office building in Boston, MA
Cushman & Wakefield of Massachusetts today announced Invesco Real Estate has sold One Liberty Square for $54.4 million to Clarion Partners. One Liberty Square is a distinctive, 13-story, 157,563 square foot “jewel box” office building located in the heart of Boston’s Liberty Square. Cushman & Wakefield’s Capital Markets team of Robert E. Griffin, Jr., Edward C. Maher Jr. and Matthew E. Pullen, along with leasing specialists Dave Martel, Jim Brady and Tim Bianchi exclusively represented the seller and procured the buyer.
Presently 89% leased to tenants including Great Hill Partners, Berman DeValerio and Boston Advisors, One Liberty Square is located in an amenity-rich environment in the heart of Boston’s Financial District. It is one block from Post Office Square and only three blocks to Faneuil Hall and the Rose Fitzgerald Kennedy Greenway. The building’s strategic location provides direct accessibility to U.S. Interstate 93 and U.S. Interstate 90 (the Massachusetts Turnpike), the South Station and North Station transit hubs, as well as multiple bus and “T” line stations all within walking distance. This core location offers immediate proximity to the Financial District’s best retail and dining amenities.
“One Liberty Square is one of Boston’s top office addresses and will continue to be so for many years to come,” stated Edward Maher, Vice Chairman of Cushman & Wakefield.
Headquartered in Boston, Cushman & Wakefield’s Capital Markets Group represents a wide array of local, national and global investors, specializing in institutional, corporate, retail, medical and multifamily transactions. As the top investment sales team in New England, Cushman & Wakefield’s Capital Markets Group closed over $2.3 billion in transactions totaling 9.3 million square feet in 2012, ranking in the top 10 investment sales teams nationwide. Part of Cushman & Wakefield, the world’s largest privately-held commercial real estate services firm, the Group has established an unparalleled position in the New England market, proven by its frequent involvement in many of the area’s most significant investment sales assignments.