reported on August5th

The property sits in the middle of the Financial District hereand retains a current 99% occupancy, boasting tenants Eaton Vance,Beacon Capital Partners, the Parthenon Group and law firm Morgan,Brown & Joy, among others. Broadway picked up the asset in2007--for $145 million according to sources--as part of a$5-billion portfolio from Beacon Capital Partners, but has latelybeen divesting itself of high-profile assets over the past fewmonths. New York City-based Broadway sold One City Center inHouston for $131 million in June and is reportedlyselling the Citigroup Center in San Francisco for $370million.

"The sale of 200 State St. is another step forward in theexecuting of Broadway's capital strategy," Scott Lawlor, CEO ofBroadway, says in a statement. "and the repositioning of ourportfolio of outstanding office properties. We're pleased that ourcurrent disposition activity is generating gains for our investorsin the midst of a very challenging commercial real estateinvestment climate nationwide."