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Marshall Building Trades in Boston’s Financial District

JLL Capital Markets arranged the $46.1-million sale of 15 Broad St., a boutique office building in Boston’s Financial District. JLL represented the seller, which wasn’t disclosed, and procured the buyer, TA Realty.

Published reports show that Brookfield Properties paid $33 million for the 77,678-square-foot asset in 2016, acquiring it from Broder, which had bought it for $10 million from the Ceres Fund in 2007. Originally commissioned as the Marshall Building and completed in 1910, 15 Broad St. was designed by Clarence H. Blackall, who also designed the Copley Plaza Hotel.

The property sits alongside Fairlane Park and is close to Post Office Square, Rowes Wharf and Faneuil Hall.  Additionally, the property is equidistant from both North Station and South Station.

JLL’s Capital Markets team representing the seller was led by Coleman Benedict, Lauren O’Neil, Matthew Sherry, Kerry Hawkins and Ben Sayles.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition