The 117,630-sf building is located in the financial district near Post Office Square and is bound by Franklin, Arch and Devonshire streets. It was originally constructed in 1908 and served as the headquarters for the Boston Safe Deposit and Trust Co. In 1998, the building underwent a major renovation, in which the original three-story bank portion of the building was transformed into the new home of the Boston Stock Exchange. The building has been a recipient of a $6-million capital improvement project, having received significant upgrades to the building's electrical, HVAC and elevator systems.

Cushman & Wakefield's Financial Services Group of Robert E. Griffin Jr., Marci Griffith Loeber, Edward C. Maher Jr. and Jeffrey H. Gates represented SSR in the transaction and procured the buyer.

"Through this transaction, Oasis Development has acquired one of the most historically unique and beautifully restored office buildings in all of Boston. The building's anchor tenant provides the financial security desired by investors," says Loeber, executive director at Cushman & Wakefield.