May 20, 2025 - 12:00
Boston— JLL Capital Markets has successfully secured a substantial refinancing package amounting to $650 million for One Congress, the latest addition to Boston's skyline and a premier office tower. This significant financial arrangement was made on behalf of co-developers Carr Properties and National Real Estate Advisors, reflecting the growing confidence in the Boston real estate market.
One Congress Tower, strategically located in the heart of the city, is poised to become a landmark destination for businesses seeking modern office space. The refinancing will provide the necessary capital to enhance the building's development and ensure it meets the demands of today’s workforce.
With its state-of-the-art design and prime location, One Congress is expected to attract a diverse range of tenants, further solidifying Boston’s reputation as a hub for innovation and commerce. This refinancing deal underscores the strong interest from investors in high-quality commercial properties, even amid fluctuating market conditions.
