Liberty Wharf is situated on Jimmy’s Harborside original footprint and designed to achieve a unique waterfront ambiance on historic Boston Harbor. The three new architecturally distinct buildings total approximately 74,000 sf of indoor area: a four story building of approximately 50,800 sf, a 21,700 sf building of two plus stories with a partially enclosed roof […]
This office building is a stable asset with a solid downtown Boston location. The property was fully leased at acquisition and purchased at a price well below replacement cost, with existing rents below market in an area of the city where substantial redevelopment was taking place.
Cresset successfully renewed/re-leased 77,370 sf, which expired through 2004, […]
Cresset purchased One & Two Lincoln Plaza in downtown Boston for $27,500,000 ($121/sf). The seller, Washington Mutual Bank, had recently taken the property back from Morgan Stanley Advisors in a deed in lieu of foreclosure. The property was configured as first-class office space, but is within a zoning district that allows for residential use, subject […]
Built in 1985, this office space is located at the Winter Street exit off Rte. 128 and is recognized as an “A” location in the suburban/Rte. 128 market. In 2000, a single tenant signed a lease for the entire building and spent approximately $200/sf to renovate the building into a first class level of interior […]
Located in the historic heart of Boston’s Central Business District (CBD), this boutique commercial office property was initially rehabilitated in 1980 by a law firm that occupied the entire building. Cresset subsequently reconfigured the property to suit multi-tenancy in order to re-let in the marketplace.
The property was acquired to provide small businesses seeking an […]
Office Building – Boston
130,000 sf Office Building This building was acquired for the potential to significantly increase the value through upgrading and re-tenanting the building. New building systems were installed including HVAC, electrical vault, emergency generators, switch gear and distribution. All windows were replaced, the basement through second floors were gutted for a solid credit anchor […]
Office/Industrial – North Reading
443,000 sf Office/Industrial Building The initial acquisition of 350,000 sf of office and industrial space was on 34 acres with an option on an additional 41 acres. The land option was exercised and the development of a 93,000 sf build-to-suit was completed along with obtaining approvals for the future development of […]
