Tishman Speyer has acquired The Eddy, a high-rise apartment tower located on the East Boston waterfront, from Green Cities Co. for $135 million.
Built in 2016, the 17-story LEED Gold certified tower features 259 market rate rental apartments and is East Boston's tallest.
This is the first multifamily acquisition in Boston for Tishman Speyer, which owns a long list of office, life science, retail and condominium properties throughout the region.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
