News: Owners Developers & Managers

Ligotti, Redeker and McGranaghan of Boston City Group, Inc. sell 17,694 s/f building at 7-9 Hamilton Place for $7.9 million

Boston, MA 7-9 Hamilton Place, a 17,694 s/f office building located off of Tremont St., across from Park St. MBTA Station and one door down from the historic Orpheum Theater, was sold on May 6, for $7.9 million.

Boston City Group, Inc.’s Caroline Ligotti, Linda Redeker and Emily McGranaghan worked with the seller and procured the buyer to complete the off-market transaction.

Hamilton Place is a four-story building with a sandstone and brick façade and copper accents, diverse exposed brick interiors, bay windows and two entrances, sitting on an approximately 4,800 s/f lot. At the epicenter of one of city’s most active Downtown neighborhoods, the building is surrounded by thousands of businesses, stores, ultra-luxury housing units, universities, theaters and the Boston Common, all within in a .25-mile radius. The building has easy access to multiple MBTA subway stations which are within 1-2 blocks.

Boston City Assessor’s records date Hamilton Place’s construction to 1899 but it likely pre-dates to the mid-1800’s. This era saw the construction of neighboring Boston Music Hall (now the Orpheum) one door down, the first home of the Boston Symphony Orchestra.

Boston City Group specializes in sourcing and brokering commercial and multi-family investments, and urban development opportunities throughout Greater Boston and the New England, New York and Washington DC metro areas. Prior to the sale of Hamilton Place, their most recent transaction was the sale of Everett Mill in Lawrence, MA for $7.05 million.

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