Griffith Properties & Dune Real Estate Partners Acquire Industrial Property In Boston, MA For $76M

The industrial property located at 65 Sprague Street in Boston, MA has been sold in a recent transaction. The sale took place on 12/03/2020. The property spans across 632,188 square feet and is situated on 22 acres of land. The sale price for this industrial asset was $76,000,000, resulting in a price per square foot of $120. The transaction was completed by Griffith Properties and Dune Real Estate Partners.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $76,000,000
• Square Footage: 632,188
• Price Per Square Foot: $120
• Address: 65 Sprague Street, Boston, MA
• Market: Boston, MA
• Buyer: Griffith Properties & Dune Real Estate Partners

The industrial property at 65 Sprague Street was acquired by Griffith Properties and Dune Real Estate Partners in this transaction. The property's characteristics, including its size, location, and price per square foot, make it a valuable asset. The sale of this industrial property highlights the expertise and strategic decision-making of the buyers and signifies their commitment to the Boston market.