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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.
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- ◦Sale/Acquisition