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Auction Details
Auction Address:
1 Lincoln Street,
Boston, MA 02111
Date/Time:
Mar. 20, 2025, 11:00 AM
Auction Description
Mortgagees Sale of Real Estate @ Public Auction
Auction will take place at the corner of Kingston Street & Bedford Street entrance.
1.63+/-acres of land improved by a 36-story 1,114,282+/- net rentable square foot iconic office tower in the financial district.
4 pedestrian access ways & 3 vehicle entrances w/ 5 level parking structure beneath the building.
Property was built in 2003, Gross Building Area- 1,460,437 +/-sf, Net Rentable Area , 1,114,282 +/-sf
Parking Garage
Approx. 900 Space, five-level below grade parking garage with heated ramps and 24/7 secured access
Vehicle Entrances
-Three vehicle entrances
-Two of those entrances are on Kingston Street; one for the subterranean garage and one for building loading dock area (5 loading bays)
-One permitted parking entrance on Lincoln Street
Pedestrian Entrances
-Four total on each corner of the building
-Two at the center core of the building
-One on Bedford Street
-One on Essex Street
25 elevators including 20 high speed passenger elevators, 3 freight elevators and 2 passengers cabs
Email ssaperstein@pesco.com for bidders package information/NDA and wiring instructions.
Terms of Sale: A deposit of $1,000,000.00 paid into escrow is required not later than March 19, 2025 at 4:00 pm to participate in the auction sale & additional deposit to an amount equal to 5% of gross purchase price of sale is due within 5 business days of sale & balance due within 30 days. All other terms announced at sale. All other terms announced at sale. Neither Auctioneer nor Attorney nor Mortgagee makes any representations as to the accuracy of the information contained herein.
1 Lincoln Street, Boston - Legal Notice