BOSTON—In their fifth downtown property acquisition in recentmonths, DivcoWest of San Francisco andlocally-based Synergy Investments havecompleted the purchase of the 55 Summer St. officebuilding.
The partners paid $48 million for the 125,000-square-foot fullyleased office building, according to industry sources. Theproperty, like its other holdings in the area, is located near theDowntown Crossing and South Station MBTA stations.
Last month, DivcoWest and Synergy closed on 38 Chauncy St., a152,000-square-foot office building, and earlier this year theDivco-Synergy partnership purchased 71, 77 and 87 Summer St., athree-building portfolio totaling approximately 90,000 squarefeet.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
