John Allan Bailey Of Allan Bailey Johnson Group Purchases Office At 201 Maple Street For $134M

The transaction involved the sale of an office asset located at 201 Maple Street in Chelsea, MA. The property spans 268,000 square feet and was acquired for a total sale price of $134,000,000. The price per square foot for the property is noted at $500.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $134,000,000
• Address: 201 Maple Street
• Market: Chelsea, MA
• Square Footage: 268,000
• Price per Square Foot: $500
• Buyer: John Allan Bailey - Allan Bailey Johnson Group
• Seller: Patricia Simboli - ACS Development Corp
• Financing Provided by: Old National Bank for $94,000,000

John Allan Bailey represents the buyer, Allan Bailey Johnson Group, in the transaction, while Patricia Simboli represents the seller, ACS Development Corp. This acquisition involved purchasing the FBI’s tower situated at the specified address.