GlobeSt.com managing editor Ryan Clark also contributedto this report.
BOSTON-Broadway Partners is close to selling 200 State St., a300,000-sf, 16-story office building in the financial district hereto Germany-based GLL Real Estate Partners, industry sources tellGlobeSt.com. The property, which GlobeSt.com reported was on themarket in May, changed hands for $141 million in 2005 and isreportedly selling for under $200 million.
Representatives for both Broadway Partners and GLL declined tocomment on the deal. Apparently a contract has not yet been signedon the building, but the transaction is getting closer.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
