50 Congress Street
50 Congress Street, Boston, MA 2109
50 Congress Street is a 179,872-square-foot, 10-story office building with a retail component in the heart of Boston’s Financial District. The property has a prime Financial District location and was built in phases between 1910 and 1915. Additionally, the property has street views on three sides and significantly more natural light than most office buildings in the Financial District.
The building’s infrastructure is modernized and structurally retrofitted with updated amenities. The retail component is located on the ground floor of the building with the upper floors utilized for office space. Located within walking distance to Post Office Square, 50 Congress Street is surrounded by numerous shopping, dining, entertainment and lodging amenities as well as historical landmarks and parks.
Investment at a Glance
Location: Boston, MA
Property Type: Class B Office
Acquisition Date: July 11, 2013
Purchase Price: $51,000,000
No. of Buildings: 1
No. of Stories: 10
Square Footage: 179,872 SF
Year Built: 1910 and 1915
Leased Percentage (at the time of Acquisition): 88.1%