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Building of the Week

The Landmark – 150 Federal St Boston, MA

Recent Loan: $96.2M by Metropolitan Life Insurance Company

Origination Date: 4/13/2015

Total Building Area: 640,577 Sq. Ft.

Assessed Value: $126,575,000

CrediFi Score: 1000

Did you Know? Originally the Sears Roebuck and Company Mail Order Store, The Landmark is listed on the National Register of Historic Places. After serving as a distribution center for below catalog-price merchandise for 60 years, Sears vacated the property which fell into a state of disrepair.

Facing potential demolition multiple times, the property was purchased by the Abbey Group. The Group converted the warehouse into leasable office space while retaining the industrial warehouse character of the property, winning multiple preservation and reconstruction awards.

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