CHA acquired 440 Franklin Street in a sale-leaseback transaction with The Provident Bank, the then-sole occupant of the building. Upon its acquisition, CHA right-sized Provident Bank to the retail space only, and constructed a new lobby and elevator/stair tower to accommodate new upper floor, multi-tenanted office suites. Today, 440 Franklin Street is over 90% leased to a diverse mix of high-quality commercial, professional office and non-profit tenants.
Building highlights include
- Central Business District
- Proximate to the Bloomfield Train Station (30 minutes to/from NY Penn)
- Easy access to major roadways
- Retail includes Provident Bank