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With the acquisition, Marquee Brands will diversify its women's fashion division and add scale to its directly managed e-commerce platform. Marquee Brands currently operates across women's fashion, men's fashion, active & outdoor and home & food divisions.

Investment strategies range from hedge funds, private equity and debt, infrastructure, and real estate.

The brokerage firm states the property sold for $5.575 million, which calculates out to $179,839 per unit, which was the highest price per unit for a single property in Kenwood in the last 10 years, according to CoStar data.

The Marina Thermal Facility is a combined heat and power generation facility that provides electricity and hot and chilled water to both the Borgata Hotel Casino & Spa and The Water Club.

Until recently, the three-story building's top floor—totaling approximately 117,000 square feet—was occupied by AIG.

The property is owned by a joint venture between Joy Construction and Maddd Equities under the YYY 62nd Street, LLC.

The 19-story nearly 350,000-square-foot tower designed by KPMB Architects twill be the university's and Boston's largest and most sustainable, energy-efficient building when it opens in 2022.