John McCormick, Pat Mulready and Jeffrey R. Dunne of CBRE servedas exclusive investment advisors to New Boston Fund. Jay Wamesterand Nick Morizio of locally based Colliers Dow & Condonrepresented Grunberg Realty.

The property is home to Prudential Financial, which leases333,000 sf at the building, the law firm Robinson & Cole, whichleases approximately 135,000 sf, as well as UPS Capital and the USNational Labor Relations Board. Cigna occupies approximately100,000 sf in a sublease with Prudential Financial, CBRE officialssay. The building is located across the street from the HartfordHilton Hotel and the future Hartford 21, a 265-unit luxuryresidential development.

Michael Grunberg, a principal of Grunberg Realty, says that hisfirm acquired a medical office building at 21 Woodland St. in thecity a year ago and after "getting its feet wet" in the market,wanted to increase its presence in the city because of the area'spotential for growth. "It (Hartford) has been a declining or flatmarket for many years and I believe it is due for a rise," hesays.