facebook
Traded Co logo
Submit
Daily limit: 0/10

Beacon Bank & Trust Provides $35.45 Million Financing For Office Acquisition At 10 & 20 Channel Center Street

Property Image
FINANCED
$35,450,000

Massachusetts

See Similar Deals
Office250,000 SF
Financed 12/30/2025
the dealplayerscompscontact
Property Image
FINANCED

Beacon Bank & Trust Provides $35.45 Million Financing For Office Acquisition At 10 & 20 Channel Center Street

10 Channel Center Street

See Similar Deals
Office250,000 SF
Financed 12/30/2025
Contact now

Summary

MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$141
Total Square Footage:250,000 SF
Transaction Type:Loan

The office buildings located at 10 & 20 Channel Center Street in Boston, MA, have a combined square footage of 250,000. The acquisition was financed through a loan amounting to $35,450,000 from Beacon Bank & Trust. The properties were renovated between 2008 and 2009 and feature classic brick-and-beam warehouse architecture.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $52,000,000
  • Loan Amount: $35,450,000
  • Loan Type: Acquisition
  • Lender: Beacon Bank & Trust
  • Address: 10 & 20 Channel Center Street, Boston, MA
  • Asset Square Footage: 250,000

The deal was facilitated by the involvement of key parties in the transaction, with a focus on the financing provided by Beacon Bank & Trust, ensuring the successful acquisition of the properties. The details surrounding the financing arrangement highlight the comprehensive approach to securing investment in this office asset.

Players

LENDER

Details

FINANCED
IMAGE: 12/30/2025 ADDRESS: 10 & 20 Channel Center Street MARKET: Boston, MA ASSET TYPE: Office ~ SF: 250,000 LENDER: Beacon Bank & Trust LOAN AMOUNT: $35,450,000 LOAN TYPE: Acquisition NOTE: Fort Point’s 10 and 20 Channel Center Street office buildings sold for $52M, backed by $35.45M in financing from Beacon Bank & Trust. The 250K‑sf property, renovated in 2008‑09, features classic brick-and-beam warehouse architecture.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$35,450,000.00

Monthly NOI$236,333.33
Monthly Debt Service$224,068.11
Change in Cash Flow$0.00
Refinance Proceeds$0.00