Office building on batterymarch street in Boston

Credit: Boston Business Journal

The Class B trades continue in the Financial District with 22 Batterymarch for $300 per square foot. As the vacancy continues to drop and lease rates increase, we will see more sellers coming to the table in coming months.

A BBJ article offers details and background on the property at 22 Batterymarch:

Built in the 1890s, the 35,000-square-foot Class B office building once served as the Harvard Club. Around 30 years ago, the property was converted into a multitenant office facility. The seven-story building was acquired by Taurus in 1998 for $4.4 million. It is assessed at $5.3 million.

The complete article is available on the Boston Business Journal.