Search
 

150,000-SF Downtown Office Building Sells for $110M

BOSTON-A partnership of American Fund-OIK and BHF Immobilien, advised by Real Estate Capital Partners, purchases 350 Washington for $110 million from Eastern Development LLC. The 150,000-sf retail property is located in the Downtown Crossing shopping district.

By Naomi Grossman | Updated on July 06, 2004

BOSTON-A partnership of American Fund-OIK and BHF Immobilien, advised by Real Estate Capital Partners, acquired 350 Washington for $110 million from Eastern Development LLC. Cushman & Wakefield’s Financial Services Group’s Robert E. Griffin Jr., Edward C. Maher Jr., Marci Griffith Loeber and Geoffrey Millerd represented Eastern Development and procured the buyer in the transaction.

The 150,000-sf building, located in Downtown Crossing shopping district, is one of its signature retail buildings. It was originally on the market two years ago, but was pulled off before being sold. An industry source tells GlobeSt.com that the building received three full price offers in this go-around.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.