Rhino Capital Advisors Acquires Unoccupied Office Building In Boston For $14.6M

Rhino Capital Advisors LLC, represented by Michael Olson, acquired an unoccupied 56,000-square-foot office building located at 110 Canal Street in Boston, Massachusetts. The property was sold by Alcion Ventures and Quaker Lane Capital, with Mark Potter and Puja Suneja Peruto serving as the sellers' representatives. The transaction took place on December 29, 2023, and the sale price was $14.6 million.

Summary of transation details

• Property Type: Office
• Transaction Amount: $14,600,000
• Square Footage: 56,000
• Price per Square Foot: $261
• Address: 110 Canal Street, Boston, MA
• Seller: Mark Potter - Alcion Ventures & Puja Suneja Peruto - Quaker Lane Capital
• Buyer: Michael Olson - Rhino Capital Advisors LLC

This transaction involved Rhino Capital Advisors LLC, led by Michael Olson, as the buyer of the office building. Mark Potter, representing Alcion Ventures, and Puja Suneja Peruto, representing Quaker Lane Capital, represented the sellers in the deal.