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Interest in Independence Wharf Picks Up Again After Lost Anchor

BOSTON-After losing its anchor tenant, Modern Continental Enterprises receives a commitment to lease 28,000-sf of space at Independence Wharf. The 14-story former factory building is being converted to Class A office space.

By Naomi Grossman | Updated on December 01, 2000

BOSTON- Duane Morris & Heckscher law firm committed to lease 28,000 sf of space at Independence Wharf. The deal comes as welcome news to Modern Continental Enterprises, developer of the 14-story building. Wellington Management, recently backed out of its plan to serve as anchor tenant of the 14-story building. The investment firm was to have leased 52,000 sf of space.

MCE, the lead contractor on the Big Dig, paid $52 million for the 336,000-sf building last summer, which it is converting to Class A office space. The former factory building is located on the Boston Harbor and is the site of the Boston Tea Party.

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