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

Property Image
SOLD
$23,000,000

Massachusetts

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Office57,000 SF
Sold 05/13/2021
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Property Image
SOLD

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

11 Avenue de Lafayette, Boston, Massachusetts, USA

See Similar Deals
Office57,000 SF
Sold 05/13/2021
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Summary

MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$403
Total Square Footage:57,000 SF
Transaction Type:Sale

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.

Players

Scott Dragos
20 deals$1.2B volume
BROKER

Timothy (Tim) Mulhall
CBRE
17 deals$917.9M volume
BROKER

BUYER

Details

SOLD
IMAGE: Scott Dragos & Tim Mulhall DATE: 05/13/2021 ADDRESS: 11 Avenue de Lafayette MARKET: Boston, MA ASSET TYPE: Office SELLER: Elderhostel BUYER: MC Real Estate Partners LLC & Taconic Capital Partners LP BROKERS: Scott Dragos & Tim Mulhall - CBRE SALE PRICE: $23,000,000 SF: 57,000 ~ PPSF: $404

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