Updated Oct 12, 2026
The Mount Vernon Company & Beacon Communities Acquire Office Building On Clarendon St, Boston For $51.25M
140 Clarendon Street, Boston, MA 02116
$51,250,000
Building Size
—
Asset Type
Office
Closing
Jan 7, 2022
About this deal
AI
The office building located at 140 Clarendon St in Boston, MA has been sold for a total of $51,250,000. The transaction took place on January 7, 2022.
Summary of transaction details:
- Property Type: Office
- Sale Price: $51,250,000
- Address: 140 Clarendon St, Boston, MA
- Market: Boston, MA
The Mount Vernon Company and Beacon Communities were the buyers of the property. The sale was facilitated by Tom Greeley, a representative from Newmark.
The office sale at 140 Clarendon Street, Boston, MA 02116 in Boston, Massachusetts sold for $51.3M in 2022. 140 Clarendon Street, Boston, MA 02116 is classified as Office on Traded. Thomas Greeley, Newmark appear on the sale alongside Newmark. This page is the Boston, Massachusetts file for the 140 Clarendon Street, Boston, MA 02116 office sold: pricing, party profiles, and other closed office comps from the same Boston sit in the Market section below. Filter that Boston office set by closing date to see what else sold near 140 Clarendon Street, Boston, MA 02116 around 2022. Published consideration for 140 Clarendon Street, Boston, MA 02116 is $51.3M, dated 2022. Cite this The Mount Vernon Company & Beacon Communities Acquire Office Building On Clarendon St, Boston For $51.25M sale when underwriting similar office product around Boston, Massachusetts.
On the Map
$51,250,000
Office
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Boston Office Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93