Project Progress: Acquired By Proponent

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About Center Plaza

1-3 Center Plaza, Financial District, Boston, MA

The property features a nine-story, 741,000 square foot, 900-foot long office and retail building located across from the Government Center transit station and Boston City Hall. Center Plaza is approximately 60% occupied, with tenants including Localytics and Salsify. A 525-space parking garage is located underneath Center Plaza.

In 2015, previous owner Shorenstein Properties received approval to construct a 9,400 square foot retail expansion to Center Plaza's ground floor, in addition to a new 21,000 square foot penthouse featuring office space and a roof garden. Construction of the approved additions to Center Plaza has not commenced; Shorenstein Properties, who acquired Center Plaza for $307 million ($414 per square foot) in January 2014, sold the building to Synergy Investments for $365 million ($493 per square foot) in April 2017.

Acquisition Cost ITK
Square Feet ITK
Sector

Retail

Office

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Latest Updates


Oct 08, 2019

$10M Reno Permit Issued for GrubHub Offices at Center Plaza

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Apr 24, 2018

Spotify Leases 4 Floors at Center Plaza

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Apr 13, 2017

Synergy acquires 741,000 square foot Center Plaza in Financial District for $365 million

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Latest Press Releases

Related Documents

Issue Date Doc Type Docnumber Description Consideration Grantor Grantee Follow
08/16/19 Permit E990007 Search $1,000.00 ITK ITK ITK
08/16/19 Permit E990006 Search $1,000.00 ITK ITK ITK
09/05/19 Permit PL979636 Search $299,000.00 ITK ITK ITK
09/09/19 Permit COO998583 Search $5,500,000.00 ITK ITK ITK
09/10/19 Permit E999960 Search $3,500.00 ITK ITK ITK
09/10/19 Permit ALT996540 Search $495,000.00 ITK ITK ITK
09/25/19 Permit U49993435 Search $0.00 ITK ITK ITK
09/26/19 Permit E1005847 Search $3,500.00 ITK ITK ITK
09/26/19 Permit E1005842 Search $3,000.00 ITK ITK ITK
09/30/19 Permit PL1005446 Search $10,000.00 ITK ITK ITK
10/03/19 Permit COO1006262 Search $5,500,000.00 ITK ITK ITK
10/31/19 Permit SF1017529 Search $50,000.00 ITK ITK ITK
11/05/19 Permit ELV1019917 Search $6,500.00 ITK ITK ITK
11/19/19 Permit ELV1019429 Search $5,000.00 ITK ITK ITK
11/26/19 Permit ELV1025711 Search $5,770.00 ITK ITK ITK

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