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Clarion Partners Buys 535-545 Boylston St. for $87M

BOSTON-The real estate investment manager bought the two adjoining Back Bay offices for $87.1 million. Together the properties, bought on behalf of a separate account client, total 184,222 square feet.

By Carl Gaines | Updated on January 31, 2012

BOSTON-Clarion Partners has acquired two Boston office buildings in the city’s Back Bay section for $87.1 million. The real estate investment manager says it bought the properties on behalf of a separate account client.

Located at 535-545 Boylston St., the two 13-story buildings, which are 92% leased, directly face Copley Square, with views of Trinity Church and the city’s Financial District. Tenants include Back Bay Life Strategies and Oxford Biosciences. Upgrades at the buildings, which total 184,222 square feet, were completed in 2009.

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