09/22/2025 | Press release | Distributed by Public on 09/23/2025 04:35
BOSTON, Sept. 22, 2025- JLL Capital Markets announced today that it has arranged $8 million in financing for 15 Broad Street, a 10-story, 75,000-square-foot, "jewel box" office building in Boston's Financial District.
JLL worked on behalf of the borrower, Broder, to secure the five-year, fixed-rate loan through MountainOne Bank. Broder purchased the property in January 2025 after previously owning the property from 2007-2016. Broder will bring their extensive knowledge of the property and local market expertise with hands-on ownership and management to 15 Broad Street.
Originally built in 1910, 15 Broad Street is marked by architectural significance, elaborate and intricate facades and best-in-class interior spaces. The property offers flexible floor plates averaging 7,500 square feet each and retail on the ground floor, which has been occupied by the same retailer for 11 years. Broder is delivering a series of transformative improvements to elevate the tenant experience, including a fully redesigned lobby, upgraded common areas, and a robust new amenity package. Highlights of the amenity program include a state-of-the-art fitness center, a golf simulator, showers, secure bike storage, and a flexible tenant lounge.
15 Broad Street is positioned in the heart of Boston's Financial District with an abundance of amenities nearby, including Faneuil Hall Marketplace, Downtown Crossing, High Street Place and The Rose Kennedy Greenway. The property is easily accessible to all modes of transportation, including MBTA and commuter rail access at South Station and North Station, ferry service at Rowe's Wharf and vehicular access to Interstate 93 and 90. Additionally, the property is a short drive to Boston's Logan International Airport.
The JLL Capital Markets Debt Advisory team representing the borrower was led by Managing Director Amy Lousararian and Associate Hugh Doherty.
"15 Broad Street is an excellent example of a premier Class B office building that checks all the boxes from a strategic location, desirable floorplates, access to transit and now benefits from experienced, local sponsorship," said Lousararian.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
Based in Boston, Broder is a private real estate group founded in 2006. Broder invests in, develops, and manages commercial, residential and hospitality properties, building communities through enduring design, sustainable development, and operational excellence. For more information on the company, please visit: broder.com.
Founded in 1848 and headquartered at 93 Main Street in North Adams, MountainOne Bank (mountainone.com) offers deposit and lending products and services for individuals and businesses. Full-service offices are located in the Berkshires (North Adams, Pittsfield, Williamstown) and Boston's South Shore (Rockland, Quincy, Scituate). Member FDIC, Member DIF, Equal Housing Lender.