THE OFFERING

 

Marcus & Millichap is pleased to present a unique investment in a prime trophy asset, 274 Franklin Street (67 Batterymarch Street) – A 24,024-square-foot office and retail building located in the heart of Boston’s Financial District. This property was built in 1915 and underwent renovations in 1986.  This six-story property is located within walking distance of some of the city’s most historic locations, including Boston Harbor, Faneuil Hall, Boston Common, and Boston City Hall. Less than a mile northwest of the property is Massachusetts General Hospital, the third oldest general hospital in the United States and the largest employer in the city. 274 Franklin offers easy accessibility to the entire Greater Boston region, as it is just minutes from Boston’s South Station and Rowes Wharf ferry terminal.

 

INVESTMENT SUMMARY

 

  • Prime downtown location in Boston’s Financial District, just minutes from the
    Boston Harbor
  • Boston is the cultural and financial center of New England, with a population of over 4.9 million people in the Greater Boston area
  • The average asking rent for office space in Boston is currently around $54.86 per square foot, which is slightly above the national average for major metropolitan areas