KanAm Grund Acquires 147 Milk St Boston Property With Frank Nelson Of Newmark As Seller's Rep
Massachusetts
See Similar DealsKanAm Grund Acquires 147 Milk St Boston Property With Frank Nelson Of Newmark As Seller's Rep
147 Milk St, Boston, MA, 02109
See Similar DealsSummary
The property asset involved in this transaction is a medical office building located at 147 Milk St, Boston, MA, 02109. This 10-story building encompasses a total area of 52,337 square feet and was fully leased at the time of sale to Atrius Health/Harvard Vanguard Medical Associates, which is recognized as the largest independent physicians’ group in New England.
Summary of transaction details:
- Property Type: Medical Office Building
- Transaction Amount: Not Disclosed
- Address: 147 Milk St, Boston, MA, 02109
- Market: Boston
- Seller: BentallGreenOak
- Buyer: KanAm Grund
- Seller's Representative: Frank Nelson-Newmark
- Broker Team: Robert Griffin, Frank Nelson, Michael Greeley
In this transaction, Newmark arranged the sale on behalf of the seller, BentallGreenOak, a New York City-based institutional investment firm. The buyer, KanAm Grund, is an investment firm based in Frankfurt, Germany, and was procured by the same broker team that represented the seller.
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