MC Real Estate And Taconic Capital Acquire Office Building On Avenue De Lafayette In Boston For $23M

The office building located at 11 Avenue de Lafayette in Boston, MA, was recently sold in a transaction that closed on May 13, 2021. The property, spanning across 57,000 square feet, was sold by Elderhostel to MC Real Estate Partners LLC and Taconic Capital Partners LP. The sale price for this office asset was $23,000,000, resulting in a price per square foot of $404.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $23,000,000
• Address: 11 Avenue de Lafayette, Boston, MA
• Market: Boston, MA
• Square Footage: 57,000

CBRE representatives Scott Dragos and Tim Mulhall facilitated this deal between the seller, Elderhostel, and the buyers, MC Real Estate Partners LLC and Taconic Capital Partners LP.