Sam Slater Acquires 8-Story Summer Street Office Building In Boston For $15M

An eight-story office building located at 268 Summer Street in Boston, MA has been sold in a recent transaction. The property was purchased by an affiliate of Slater Family Holdings, led by Sam Slater, for a total of $15 million. The sale occurred after the property was turned over to lender M&T Bank in order to avoid foreclosure. The building offers approximately 76,400 square feet of space and was sold at a price of $196 per square foot.

Summary of transation details

• Property Type: Office
• Transaction Amount: $15,000,000
• Address: 268 Summer Street, Boston, MA
• Market: Boston, MA
• Buyer: Sam Slater - Affiliate of Slater Family Holdings
• Seller: Affiliate of Aegean Capital
• Square Footage: 76,400
• Price Per Square Foot: $196

The acquisition of the Summer Street office building by Sam Slater and his affiliated company marks a significant investment in the Boston real estate market. This transaction demonstrates the commitment of Slater Family Holdings to expand their portfolio and secure properties of strategic value.