Search
 

Lend Lease US Office Trust Acquires 1 Liberty Square

BOSTON, MA-Lend Lease US Office Trust, an Australian-listed property trust which specializes in US office real estate assets, acquires 1 Liberty Square here in the heart of the city's financial district. This is the Trust's first acquisition in the Boston market.

By Naomi Grossman | Updated on June 21, 2001

BOSTON, MA-Lend Lease US Office Trust acquired 1 Liberty Square here. The Australian-listed property trust, which specializes in US office real estate assets, purchased the 13-story office building from One Liberty Square Associates LP.

The 157,585-sf building is located here in the heart of the financial district and is fully leased. According to David Finnegan, director of corporate communications for Lend Lease’s Boston office, this is the Trust’s first purchase in the area. “They were looking to enter the Boston market,” Finnegan tells GlobeSt.com. The company views this investment as a long-term hold.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.