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| International Place, Financial District, Boston, MA |
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| Riaz A. Cassum |
Working on behalf of a joint venture between The Chiofaro Company and an
institutional partner, HFF placed the fixed-rate loan with New York Life Real
Estate Investors and Northwestern Mutual.
International Place was completed in 1992, and since then has defined
the Boston skyline with its two signature interconnected office towers in the
heart of the Financial District.
The property offers 360-degree unobstructed views and is the
flagship of Boston’s downtown waterfront and the gateway to its historic
Financial District and the emergent Seaport District.
With the Rose
Kennedy Greenway at their doorstep, tenants enjoy easy access to South Station,
Interstates 93 and 90, and Logan Airport via the Ted Williams and
Callahan/Sumner Tunnels. Major tenants
at the property include Eaton Vance, Choate Hall & Stewart, Proskauer Rose
and PayPal.
The retail portion of the complex houses tenants such as the
Palm Restaurant, Starbucks, Au Bon Pain, Santander Bank and Republic Fitness
(coming soon).
The HFF
debt placement team representing the borrower was led by senior managing
director Riaz Cassum and real estate analyst Patrick McAneny.
For a complete
copy of the company’s news release, please contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell:
617-543-4873 | www.hfflp.com
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