The owner was represented by Dave Martel, Gil Dailey, Bill Anderson and Monica Cost of Cushman & Wakefield's Massachusetts office, while CRA was repped by Lauren Lipscomb, Mary Ann Marino and Andrew Hoar, president of CBRE New England.

Broadway Partners has owned the 60-story Hancock Tower in the Back Bay area since it was acquired from Beacon Capital Partners in a $5 billion portfolio. The building is 98% leased with tenants such as State Street, Ernst & Young, Deloitte Consulting, UBS and Highfields Capital, among others. Martel points out to GlobeSt.com that the deal is mutually beneficial for CRA and Broadway, with CRA able to stay in a premier location in the Boston-metro area and for Broadway to keep a high-end client in place.

The owner has a number of the leading office buildings but has slowly been parting ways with a few class A trophy assets, selling off One City Center in Houston for $131 million in June and reportedly pawned the 43-story, Citigroup Center in San Francisco for $370 million.