Boston – Senné, a real estate advisory and investment company, has purchased One Lewis Wharf, a waterfront office building in Boston’s North End, for $13.2 million. The private transaction was brokered by CBRE, and Hingham Institution for Savings provided first mortgage financing.
The three-story office building, which is now the company’s corporate headquarters, is a combined 15,852sf. It is located at One Lewis Wharf, but the company will still maintain a presence in Cambridge. The property was originally constructed in 1981 and had undergone a complete rehab in 2014.
“We are so thankful for the opportunity to purchase such an iconic property as One Lewis Wharf,” said William Senné, president and CEO of Senné. “From One Lewis Wharf, our firm will expand our Greater Boston suite of high-quality real estate advisory services.”
“Hingham Institution for Savings was pleased to play a role in the financing of such a highly-visible, well-known property on Boston’s waterfront. Senné was an excellent partner in this transaction and we look forward to continuing our relationship,” said Patrick Gaughen, president and COO of Hingham Institution for Savings.