BOSTON – Acting on behalf of several Allianz Group companies, Allianz Real Estate has signed an agreement with a joint venture partnership between Clarendon Properties and a fund managed by BlackRock, to refinance a $150 million loan on an office building in Boston.
The 21-story, 350,534-square-foot property, 265 Franklin Street, is located in Boston's financial district and is currently 96.5% occupied by a mix of 36 tenants. The office tower's two largest tenants have long-term contracts in place.
Situated near various public transit options, the property additionally features ground floor retail stores, which occupy an entire block.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
