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Executive Summary As the Exclusive Sales Agent, Jones Lang LaSalle is pleased to offer for sale Tower Point, a six story, 154,143 s.f. office property with 63 on-site parking spaces located in the South Boston Waterfront. The building is currently 89% leased with 5,310 s.f. of additional lease commitments which increases occupancy to 92%. The asset is attractively financed with existing debt in-place that can either be assumed or paid-off. Offered without an asking price, Tower Point offers investors the opportunity to buy into one of Boston’s most dynamic submarkets with strong built-in defenses for achieving projected yields at a price well below replacement cost. |
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