0 1 Federal Street Goes up for Sale

Financial district office building at 1 Federal st.

1 Federal Street in Boston’s Financial District

1 Federal Street is headed for the sales block by Eastdil Secured. The building is expected to trade in excess of $682 per square foot.

According to Realert, “the 38-story tower is 98% occupied, with a weighted average remaining lease term of almost seven years. The largest tenant, law firm Morgan Lewis, occupies 301,000 sf on a lease that runs until 2023. Records-management company Iron Mountain is leasing 133,000 sf until 2024. Others tenants include Credit Suisse, J.P. Morgan, Oppenheimer & Co. and U.S. Bank.”

Additional information is available on realert.

0 Wellesley Bank Opens Location at 1 Federal Street

Wellesley Bank logo

Credit: Wellesley Bank

A new bank branch combined with a new logo at 1 Federal Street.  Wellesley Bank is one of many banks targeting downtown customers with their new branch.

An article on the Wall Street Journal’s website notes, “the new logo coincides with the opening of the new Boston office location at One Federal Street in the heart of Boston’s Financial District.”

For additional details on the logo and new location at 1 Federal Street, real the full article on the WSJ’s website.