News: Front Section
Posted: January 31, 2020
JLL Capital Markets arranges $46.1 million sale of
15 Broad St., Boston - a 77,678 s/f office and street level retail building
Boston, MA JLL Capital Markets has arranged the $46.1 million sale of 15 Broad St., a 77,678 s/f office and street level retail building. JLL exclusively represented the seller and procured the buyer, TA Realty.
Originally commissioned as the Marshall Building, 15 Broad St. was designed by Clarence Blackall, one of the city’s great architects, and completed in 1910. The asset features a unique exterior facade, clad with limestone up to the third floor. The crown of the asset features a limestone cornice with copper fascia including ornamental lion heads aligned with the double hung windows.
15 Broad St. sits alongside Fairlane Park, and near Post Office Sq., Rowes Wharf and Faneuil Hall. Additionally, the property is equidistant from both North Station and South Station making this asset the commuter’s dream.
Broad St. has emerged as downtown’s main “boulevard” with recently rebuilt sidewalks, the installation of outdoor furniture and numerous dining, retail and entertainment destinations.
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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