KanAm Grund America Acquires Medical Office In Boston, MA For $47.9M

Located at 147 Milk Street in Boston, MA, this medical office property was recently sold in a transaction that took place on March 30, 2021. The property, spanning 52,000 square feet, was sold at a price of $47,900,000, resulting in a price per square foot of $921. The sale involved BentallGreenOak as the seller and KanAm Grund America as the buyer.

Summary of transation details

• Property Type: Medical Office
• Transaction Amount: $47,900,000
• Address: 147 Milk Street, Boston, MA
• Square Footage: 52,000
• Price per Square Foot: $921
• Seller: BentallGreenOak
• Buyer: KanAm Grund America

The sale of this medical office property on Milk Street in Boston involved BentallGreenOak as the seller and KanAm Grund America as the buyer, and it closed for a total transaction amount of $47,900,000. The property, which encompasses approximately 52,000 square feet, was sold at a price per square foot of $921.