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

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:

• Property Type: Office
• Transaction Amount: $78,000,000
• Address: 101 Arch Street
• Market: Boston, MA
• SF: 407,172
• Price Per Square Foot: $192
• Buyer: David Greaney - Synergy Investments
• Seller: Clarion Partners
• Brokers: Brooke Howard, Chris Angelone, Coleman Benedict, Rachel Bliss, Scott Carpenter & Scott Tully Jr - JLL

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.