The Codman Company has brokered the sale of 22,500 s/f of office space at Seven Winthrop Sq. for $5.5 million.
Tom Robinson and Jim Belli of The Codman Co., represented the buyer, National Consumer Law Center (NCLC), a non-profit organization specializing in consumer issues on behalf of low-income people. The seller, Seven Winthrop Sq. LLC, represented themselves in the transaction.
"Our client is very excited about the purchase of Seven Winthrop Square," said Robinson. "Their goal was to own their own space while remaining close to their current location in Downtown Crossing. With this purchase, they were able accomplish both. NCLC is looking forward to being a long term fixture in this vibrant area of Boston."
NCLC purchased floors two through five of Seven Winthrop Sq., totaling 22,500 s/f. The company is relocating from their 15,000 s/f leased office space at 77 Summer St. and plans to move in the second quarter of 2008.
"We've been leasing space in downtown Boston for quite some time and this move is a major upgrade for our organization, allowing plenty of space for us to grow," said Willard Ogburn, executive director of NCLC.
Seven Winthrop Sq. features a granite exterior with double-glazed, bronze tinted, operable windows and a lobby entrance on Otis St.