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Skanska's Seaport Office Building Trades for $452M

BOSTON—The deal increases Union Investment's real estate portfolio in Boston. The owner of the Godfrey Hotel Boston purchased the Converse headquarters building in Boston from Related Beal earlier this month for $150 million.

By John Jordan | johnjordan | Updated on April 13, 2016

101 Seaport Blvd, Boston 101 Seaport Blvd., Boston

BOSTON—Six months after completion, Skanska USA has sold its 101 Seaport Blvd. office building here for $452 million to German real estate investment management firm Union Investment Real Estate GmbH.

The deal increases Union Investment’s real estate portfolio in Boston. The owner of the Godfrey Hotel Boston purchased the Converse headquarters building in Boston from Related Beal earlier this month for $150 million.

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