Wells Fargo And Bank Of America Facilitate $650M Loan For One Congress Office Tower In Boston

One Congress, a new office tower located at 1 Congress Street in Boston, MA, features a total square footage of 1,000,000. The asset has recently secured refinancing totaling $650,000,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $650,000,000
• Lender: Wells Fargo & Bank of America
• Landlord: Oliver Carr - Carr Properties; Jeffrey Kanne - National Real Estate Advisors
• Broker: Riaz Cassum - JLL

The refinancing was primarily led by Wells Fargo and Bank of America, with Oliver Carr and Jeffrey Kanne representing their respective organizations in the transaction. Riaz Cassum served as the broker facilitating the deal.