{"id":1004146870,"date":"2016-06-29T10:21:03","date_gmt":"2016-06-29T18:21:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004146870"},"modified":"2020-04-22T23:45:34","modified_gmt":"2020-04-23T07:45:34","slug":"office-sold-in-bostons-financial-district","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/office-sold-in-bostons-financial-district\/","title":{"rendered":"Office Sold in Boston\u2019s Financial District"},"content":{"rendered":"

By Bogdan Odagescu, Associate Editor<\/em><\/p>\n

\"Four<\/a>

Four Liberty Square, Boston<\/p><\/div>\n

Boston<\/strong>\u2014JLL<\/a> arranged the sale of Four Liberty Square, a 7-story, 26,000-square-foot pre-war office and retail property sitting in the heart of Boston\u2019s Financial District.<\/p>\n

The JLL Capital Markets team represented the seller, an affiliate of Abramson Brothers. The buyer, an affiliate of Atlas Real Estate Partners, shelled out approximately $12.3 million for the downtown asset. According to Property Shark<\/a>, Four Liberty Square was built in 1899, last saw alterations in 2003, and most recently changed hands in 2014, for $8.8 million.<\/p>\n

\u201cBoston\u2019s Class B office product has seen a clear increase in tenant demand\u2026 Thanks to the refreshed demand, Class B is now exhibiting healthier fundamentals than its Class A counterpart. Four Liberty Square in particular, currently 100 percent leased to six tenants, delivers stable near term cash flow and offers an immediate opportunity to increase rents in 2016,\u201d said Frank Petz, managing director with JLL, in a prepared statement.<\/p>\n

Within a few hundred feet from Post Office Square, State Street, Quincy Market, Congress Street and Downtown Crossing, Four Liberty Square is located right in the middle of downtown Boston\u2019s booming office market<\/a>. Thus, the asset benefits from immediate access to a great variety of retail and dining options, as well as efficient commuter access and major nearby roadways.<\/p>\n

Images courtesy of nordicproperties.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

JLL arranged the sale of the 26,000-square-foot asset on behalf of an Atlas Real Estate Partners affiliate. <\/p>\n","protected":false},"author":740,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21743,21742,10,21747],"tags":[],"class_list":["post-1004146870","post","type-post","status-publish","format-standard","hentry","category-boston","category-deals","category-latest","category-northeast","category-office"],"acf":[],"yoast_head":"\nOffice Sold in Boston\u2019s Financial District - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/office-sold-in-bostons-financial-district\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Office Sold in Boston\u2019s Financial District\" \/>\n<meta property=\"og:description\" content=\"JLL arranged the sale of the 26,000-square-foot asset on behalf of an Atlas Real Estate Partners affiliate.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/office-sold-in-bostons-financial-district\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-06-29T18:21:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-23T07:45:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/4-Liberty-Square-Boston-180x300.gif\" \/>\n<meta name=\"author\" content=\"Bogdan Odagescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-sold-in-bostons-financial-district\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-sold-in-bostons-financial-district\\\/\"},\"author\":{\"name\":\"Bogdan Odagescu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/b496539dc21c086e1deff9b417453162\"},\"headline\":\"Office Sold in Boston\u2019s Financial District\",\"datePublished\":\"2016-06-29T18:21:03+00:00\",\"dateModified\":\"2020-04-23T07:45:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-sold-in-bostons-financial-district\\\/\"},\"wordCount\":234,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-sold-in-bostons-financial-district\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/06\\\/4-Liberty-Square-Boston-180x300.gif\",\"articleSection\":[\"Boston\",\"Deals\",\"News\",\"Northeast\",\"Office\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-sold-in-bostons-financial-district\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-sold-in-bostons-financial-district\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/office-sold-in-bostons-financial-district\\\/\",\"name\":\"Office Sold in Boston\u2019s Financial District - 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He joined CPE and MHN in 2016, as associate editor. Bogdan coordinates news writing and editing work for the two publications, among others. 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