Tishman Speyer completed the Pier 4 office tower in May 2018.
BOSTON—CommonWealth Partners of Los Angeles has acquired the newly built Pier 4 office tower here from Tishman Speyer for $450 million.
New York City-based Tishman Speyer reports the $1,208-per-square-foot sale price for the Seaport District office tower at 200 Pier 4 Blvd. calculates out to the highest ever achieved for a Boston office property.
The 13-story, 372,372-square-foot office building was completed this past May and has achieved LEED Gold certification. The property is anchored by the global headquarters of Boston Consulting Group and also serves as the global headquarters of Cengage Learning and Man Numeric.
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
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.
John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
