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Synergy Investments Acquires 101 Arch Street Office Building In Boston For $78M

Property Image
SOLD
$78,000,000
Brooke Howard
Chris Angelone
+ 3

Massachusetts

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Office407,172 SF
Sold 03/28/2024
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Property Image
SOLD

Synergy Investments Acquires 101 Arch Street Office Building In Boston For $78M

101 Arch Street

See Similar Deals
Office407,172 SF
Sold 03/28/2024
Brooke Howard
Chris Angelone
+ 3
Contact now

Summary

MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$191
Total Square Footage:407,172 SF
Transaction Type:Sale

The 407,172-square-foot office property located at 101 Arch St. in downtown Boston has been sold in a recent transaction. The property was acquired by David Greaney of Synergy Investments from Clarion Partners for a total of $78 million. Clarion Partners had originally purchased the office property for $121.7 million back in 2005.

Summary of transaction details:

In this transaction, Brooke Howard, Chris Angelone, Coleman Benedict, Rachel Bliss, Scott Carpenter & Scott Tully Jr of JLL represented the parties involved in the sale of the office property at 101 Arch St. in Boston.

Players

Coleman Benedict
8 deals$585.1M volume(617) 848-1567
BROKER

Chris Angelone
JLL
24 deals$2.2B volume(617) 316-6466
BROKER

Brooke Howard
JLL
7 deals$198.9M volume
BROKER

Scott Carpenter
JLL
6 deals$145.7M volume
BROKER

Scott Tully Jr
JLL
3 deals$119M volume
BROKER

Rachel Bliss
JLL
2 deals$119M volume
BROKER

Details

SOLD
IMAGE: David Greaney, Brooke Howard, Chris Angelone, Rachel Bliss, Coleman Benedict, Scott Carpenter & Scott Tully Jr DATE: 03/28/2024 ADDRESS: 101 Arch Street MARKET: Boston, MA ASSET TYPE: Office BUYER: David Greaney - Synergy Investments (@SynergyBos) SELLER: Clarion Partners BROKERS: Brooke Howard, Chris Angelone, Coleman Benedict, Rachel Bliss, Scott Carpenter & Scott Tully Jr - JLL (@JLL) SALE PRICE: $78,000,000 SF: 407,172 ~ PPSF: $192 NOTE: Synergy Investments has acquired the 407,172-square-foot office property at 101 Arch St. in downtown Boston for $78 million, purchasing it from Clarion Partners, who bought it for $121.7 million in 2005.

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