"100 Franklin Street is part of a small but coveted set of Class B assets in Downtown Boston," says NKF's Maher. "Boasting an architecturally distinguished exterior combined with modern interior buildouts, the property is a consistently strong performer within one of the United States' most dynamic core gateway markets."

Independencia Asset Management is a real estate asset management firm headquartered in Miami with an additional office in Boston. Since incorporating in the United States in 2004, IAM has invested in more than 18 million square feet of core-plus and value-add office, retail and industrial assets in 19 states with 10 different local operating partners. To date, IAM has invested in more than $3 billion worth of real estate assets through 50 different special purpose entities. IAM's current portfolio consists of approximately $2.3 billion of assets under management through 32 different SPEs.

100 Franklin St. will be incorporated into IAM's "Fondo de Inversion Independencia Core US I," which is a publicly-traded fund listed on the Chilean stock exchange. The $150-million open-ended investment vehicle was established in 2017 with an initial equity raise of $75 million plus an additional $45 million equity raised to-date. Previously, the fund has invested $50 million of the $120 million in two assets: Constitution Square, a 36,000-square-foot office building located in Berkeley, CA and 110 Atrium, a 237,000-square-foot office building located in Bellevue, WA.