Updated Oct 28, 2024
BCP Beat Property LLC Acquires Office Building In Dorchester, MA For $362.5M
135 William T Morrissey Boulevard, Dorchester, MA 02125
$362,500,000
$513/SF
Building Size
705,465 SF
Asset Type
Office
Closing
Aug 19, 2021
About this deal
AI
The office building located at 135 William T Morrissey Blvd in Dorchester, MA has been sold in a recent transaction. The property, spanning 705,465 square feet, was purchased by Bcp Beat Property Llc from the seller, 135 Morrissey Owner Llc, on August 19, 2021. The sale price for the office asset was $362,500,000, resulting in a price per square foot of $514.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $362,500,000
- Address: 135 William T Morrissey Blvd, Dorchester, MA
- Market: Dorchester, MA
- Square Footage: 705,465
- Buyer: Bcp Beat Property Llc
- Seller: 135 Morrissey Owner Llc
This transaction brings together Bcp Beat Property Llc as the buyer and 135 Morrissey Owner Llc as the seller. It's an exciting development in the Dorchester real estate market, showcasing the strength of the commercial office sector. Both parties have successfully negotiated the deal, resulting in the transfer of ownership for 135 William T Morrissey Blvd.
Players
Boston Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Browse Boston office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.04%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93