Riverside Center, Newton, MA. Credit: Bruce T. Martin Photography
NEWTON, MA—Hines has sold the 509,702-square-foot Riverside Center office building here for $235 million.
The deal was announced by JLL Capital Markets, which represented Houston-based Hines in the transaction and procured the buyer. The Boston Business Journal has reported that Alexandria Real Estate Equities purchased the asset. A spokesman for Pasadena, CA-based Alexandria Real Estate Equities had no comment on that report when contacted by Globest.com.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
