JLL Brokers $435M Sale of Boston's One Marina Park Drive to Oxford Properties
JLL sits 50% above its 52-week low of $259.83 on light trading volume (0.1× avg).
Summary
JLL's Capital Markets group completed the $435 million sale of One Marina Park Drive, a 494,938-square-foot Tier 1 office tower in Boston's Seaport District, representing seller Clarion Partners. The buyer is Oxford Properties. This is the largest pure-play office sale in Boston in five years and one of 2026's most impactful office transactions. The deal underscores institutional capital's return to premier waterfront assets and validates JLL's strength in high-value investment sales. The transaction follows JLL's record Q2 2026 results and $2.2 billion buyback authorization, reinforcing its capital markets momentum.
At the time of this announcement, JLL was trading at $390.21 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $18B. The 52-week trading range was $259.83 to $393.84. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: PR Newswire.