Jon Martin Of AEW Capital Management Acquires Multifamily Asset From Owen D. Thomas For $55M

The transaction involved a multifamily asset located at 530 Atlantic Avenue in Boston, MA, which was acquired for $55,000,000. The property encompasses a mixed-use development featuring office, residential, retail, and historic preservation elements with LEED Platinum credentials, spanning 1.2 million square feet.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $55,000,000
• Buyer: Jon Martin - AEW Capital Management
• Seller: Owen D. Thomas - Boston Properties
• Date of Transaction: 03/02/2026
• Market: Boston, MA

This transaction marks a significant deal between Boston Properties and AEW Capital Management, showcasing a strategic move in the Boston real estate market by leveraging a waterfront development that integrates multiple functionalities.