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Atlas Acquires Liberty Square Property For $12.25M

Jun 24, 2016 | Reprints | Print

4 Liberty Square, Boston MA Licensed to Jones Lang LaSalle to Market this property in Web and Print.

New York-based Atlas Real Estate Partners has acquired 4 Liberty Square, a 26,000-square-foot office and retail building in Boston’s Financial District, for $12.25 million.

The 7-story class B building with 3,300-square-foot floorplates is 100 percent leased to six tenants. The Vanderbilt restaurant anchors the ground-floor retail space.

JLL’s Frank Petz, Chris Angelone, Jessica Hughes, Matthew Sherry and George Gregory represented the seller, an affiliate of Abramson Brothers. The property previously sold in August 2014 for $8.8 million.

“Innovation tenants are knocking on the doors of Boston’s central business district looking for properties like 4 Liberty Square. Thanks to the refreshed demand, class B is now exhibiting healthier fundamentals than its class A counterpart,” Petz said in a statement.

B&T Daily