175 Purchase Street
Downtown Boston Investment | Overlooking the Greenway | Durable Income with Transformative Upside
Marketing description
As exclusive sales agent, Freudenheim Partners is pleased to offer for sale 175 Purchase Street (“the Property”), a four-story, ±18,004 SF brick-and-beam office building prominently located in the heart of Boston’s Financial District. Situated on 0.10 acres of land, the Property combines institutional-grade tenancy anchored by the Consulate General of Brazil with exceptional transit connectivity and irreplaceable downtown fundamentals.
Overlooking the Rose Kennedy Greenway and positioned steps from South Station, the Property provides direct access to Boston’s premier intermodal transit hub and benefits from a vibrant setting surrounded by leading office towers, hotels, restaurants, and cultural amenities. The building’s abundant natural light, and dedicated elevator offer investors flexibility for continued government tenancy, boutique office users, or future adaptive-reuse opportunities aligned with Boston’s Downtown Conversion Initiative.
The Consulate General of Brazil has occupied the Property for more than twelve years, demonstrating a long-term commitment to the location and providing investors with reliable cash flow and strong credit quality. Beyond the stability of the existing tenancy, the Property’s strategic position within the newly adopted SKY zoning district introduces significant future redevelopment potential, with recently approved height allowances of up to 650 feet. This zoning framework positions the asset for substantial long-term value creation through residential or mixed-use redevelopment, consistent with the City’s initiatives to expand downtown housing and promote vertical growth.
Combining durable income, superior location fundamentals, and transformative future potential, 175 Purchase Street represents a rare investment opportunity within the Boston marketplace offering investors both secure, government-backed cash flow today and STABLE INCOME
ANCHOR TENANCY exceptional optionality for tomorrow.
Investment highlights
STABLE INCOME ANCHOR TENANCY: Fully occupied by the Consulate General of Brazil, serving Massachusetts, Maine, New Hampshire, and Vermont. Government tenancy provides credit stability and consistent weekday foot traffic from visa, passport, and public-service operations. This consulate is the second busiest in the U.S. and among the most active Brazilian consulates worldwide.
CORE FINANCIAL DISTRICT LOCATION: Generational downtown address surrounded by Boston’s leading employers, hotels and institutional landmarks.
Steps from the Rose Kennedy Greenway, Post Office Square and the region’s premier intermodal hub at South Station (Red Line, Commuter Rail, Amtrak, Silver Line to Logan).
FUTURE VALUE UPLIFT THROUGH SKYLINE ZONING: The Property lies within Boston’s newly approved Skyline Zoning District, which establishes height allowances of up to 650 feet for qualifying downtown sites. This progressive framework underscores the City’s commitment to vertical growth, mixed-use conversion, and downtown housing expansion, positioning 175 Purchase Street for future value creation through potential redevelopment or adaptive reuse. Combined with the stability of its current tenancy, the asset offers investors a compelling blend of secure income today and transformative upside tomorrow.
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