Synergy Investments Acquires One Liberty Square Office Building In Boston For $45M
110 Milk St Boston, MA 02109, USA
$45,000,000
Building Size
—
Asset Type
Office
Closing
Sep 8, 2023
AI
Synergy Investments has acquired One Liberty Square, a 13-story office building located at 110 Milk Street in the Financial District of Boston, MA. The property was sold for a record-breaking price of $45 million, making it the largest office transaction in Boston in the past 18 months.
Summary of transation details
- Property Type: Office
- Transaction Amount: $45,000,000
- Address: 110 Milk Street, Boston, MA
- Market: Boston, MA
- Buyer: David Greaney - Synergy Investments
This significant deal was spearheaded by David Greaney, representing Synergy Investments. The acquisition of One Liberty Square showcases Synergy Investments' commitment to expanding its portfolio in the office sector in Boston.
Players
Boston Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93