Washington Trust’s commercial real estate group recently provided $4.6 million in commercial mortgage financing to Taurus CD 153 Batterymarch Street Limited Partnership to refinance a six-story, 34,521-square-foot office building at 22 Batterymarch St. in Boston.
The property is a multi-tenanted office building in Boston’s Financial District. Built in 1890 by the Episcopal Church of Boston, the building was originally used as a home for sailors. Between 1950 and 1970, the building functioned as the home of the Harvard Club. Taurus Investment Holdings LLC’s international office is headquartered at the site.
"This is an exceptional property because of its location – not only is it situated in Boston’s Financial District, but it’s in close proximity to the State House, Faneuil Hall, Downtown Crossing and the Boston Waterfront," said Joseph J. MarcAurele, Washington Trust chairman, president and chief executive officer.