News: Front Section
Posted: January 16, 2008
Synergy purchases 25,818 s/f 4 Liberty Square from 4 Liberty Square LLC for $8.125 million
Synergy has purchased 4 Liberty Sq. from 4 Liberty Sq. LLC. The 25,818 s/f class B office building was purchased for $8.125 million or $314 per s/f .
"4 Liberty Sq. is an excellent addition to our Boston portfolio. We look forward to capitalizing on the building's superior location and stable tenant base. Most importantly, it enhances our ability to cater to some of the smaller tenants in our portfolio," said Noah Hano, vice president acquisitions, Synergy.
Ernie Barrueta of Barrueta & Associates brokered the transaction.
4 Liberty Sq. is a seven story masonry building constructed in 1900 and renovated in 1988. It consists of 25,818 rentable s/f with a mix of ground floor retail and office suites above. The building is located in the Boston Financial District, and is close to public transportation, restaurants, hotels and retail amenities.
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