Project Progress: Acquired by Proponent

About Exchange Place

53 State Street, Financial DistrictBoston, MA

Exchange Place is a modern skyscraper in the Financial District of Boston, Massachusetts. Built in 1985, it is Boston's 13th tallest building, standing 510 feet tall, and containing 40 floors.

The modern glass skyscraper rises out of a previous building, the 12-story Boston Stock Exchange, built in 1896.

Brookfield Office Properties, which had previously purchased the building from Harold Theran in 2006, sold Exchange Place to UBSRealty Investors LLC in 2011. It is home to advertising agency Hill Holliday, marketing agency Optaros, software company Acquia, Hachette Book Group, the Macquarie Group, The Blackstone Group, and Circulation, Inc.

In June 2017, The Boston Globe moved into Exchange Place from its longtime headquarters on Morrissey Boulevard in Dorchester, Boston.

Construction Cost $845,000,000.00
Acquisition Cost $845,000,000.00
Square Feet 1,121,599


Stories 40
Height (feet) 510
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Dec 07, 2018

The skyscraper at 53 State Street has been acquired in a joint venture between, Beacon...


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