City Realty Group Acquires 73K SF Office Property In Boston's Leather District For $11M

A 73,000-square-foot office property located at 186 Lincoln Street in Boston's Leather District has been sold for $11 million. The property was acquired by Fred Starikov of City Realty Group from an affiliate of Brickman. This transaction represents a significant discount from its previous sale price of $20.7 million, eight years ago.

Summary of transaction details

• Property Type: Office
• Sale Price: $11,000,000
• Square Footage: 73,000
• Price per Square Foot: $151
• Address: 186 Lincoln Street, Boston, MA
• Market: Boston, MA

Fred Starikov, representing City Realty Group, purchased the property from the affiliate of Brickman. The sale price of $11 million signifies a significant decrease compared to its previous sale price. This acquisition presents a great opportunity for City Realty Group in the Boston office market.