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Azora Exan Capital has purchased 7 Post Office Square, a seven-story, 64,246-square-foot office building in Boston’s Financial District from Nuveen Real Estate for $41 million. This marks the first office trade in Boston since January 2022.
Located at the corner of Franklin and Congress Streets, this boutique commercial property is 91% leased to eight tenants with Fidelity Investments as its anchor tenant.
A JLL team led by Chris Angelone and Coleman Benedict managed the sale alongside Ines Olesen and Dave Dyer of Nuveen Real Estate along with an Azora Exan team headed by Ignacio Gil-Casares and Nicolas Guemes. This transaction represents a significant milestone for real estate investments in Boston’s Financial District since early 2022.