SOLD
City Realty Group Acquires 73K SF Office Property In Boston's Leather District For $11M
186 Lincoln Street
Office
73,000 SF
73,000 SF
Sold 198 days ago
Summary
Sale
MASSACHUSETTS
Office
73,000 sqft
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.
Details
SOLD
IMAGE: Fred Starikov
DATE: 10/27/2023
ADDRESS: 186 Lincoln Street
MARKET: Boston, MA
ASSET TYPE: Office
BUYER: Fred Starikov - City Realty Group (@CityRealtyBoston)
SELLER: Affiliate of Brickman
SALE PRICE: $11,000,000
SF: 73,000 ~ PPSF: $151
NOTE: City Realty Group acquired a 73,000-square-foot property at 186 Lincoln St. in Boston's Leather District for $11 million, marking a significant discount from its sale price eight years ago when it was purchased for $20.7 million by an affiliate of Brickman.View on map
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Address186 Lincoln Street
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