L3 Capital’s $40 Million Purchase of a parking lot in Boston


Nixon Peabody represented Chicago-based investment firm L3 Capital in its recent $40 million purchase of a parking lot in the heart of Boston’s Back Bay

The surface lot sits at the corner of Newbury and Dartmouth Streets in the neighborhood’s most iconic and posh shopping district. L3 Capital specializes in retail development.

L3 Capital LLC operates as a real estate investment firm. The Company focuses on real estate investment, development, acquisitions, asset management, and capital markets. L3 Capital serves customers in the United States.

Nixon Peabody advised L3 Capital with a team including Ruth Silman (Picture), Christopher Froeb, Kristopher Stark and Christina Ricotta.

Involved fees earner: Christopher Froeb – Nixon Peabody LLP; Christina Ricotta – Nixon Peabody LLP; Ruth Silman – Nixon Peabody LLP; Kristopher Stark – Nixon Peabody LLP;

Law Firms: Nixon Peabody LLP;

Clients: L3 Capital LLC;

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Author: Ambrogio Visconti