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Building of the Week

State Street Building, 1 Lincoln St, Boston, MA

Purchase Price: $889 M on Dec 29, 2006

Recent Loan: $775 M by Wells Fargo (Wachovia) and UBS Originated on Dec 29, 2006

Total Building Area: 1.02 M Sq Ft

Significant Tenant: State Street

CrediFi Score: 1000

Interesting Fact: ETRE REIT recently formed in order to buy 48.7% of the downtown State Street Building. The unusual single-building REIT will sell shares through an IPO at $15 apiece.

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