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KanAm Grund Acquires 147 Milk St Boston Property With Frank Nelson Of Newmark As Seller's Rep

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SOLD

Massachusetts

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Office52,337 SF
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SOLD

KanAm Grund Acquires 147 Milk St Boston Property With Frank Nelson Of Newmark As Seller's Rep

147 Milk St, Boston, MA, 02109

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Office52,337 SF
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Summary

MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:52,337 SF
Transaction Type:Sale

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.

Players

Frank Nelson
9 deals$442.5M volume
BROKER

Robert (Rob) Griffin
Newmark
72 deals$7.3B volume(617) 863-8611
BROKER

Michael (Mike) Greeley
Newmark
19 deals$833M volume
BROKER

Details

SOLD
IMAGE: 147 Milk St, Boston, MA, 02109 MARKET: Boston SELLER'S REP: Frank Nelson-Newmark BUYER: KanAm Grund SELLER: BentallGreenOak PRICE: SF: 52337

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