Lincoln Properties And ASB Real Estate Investments Sell 320 Summer Street Office Building For $26.2M

The property asset involved in this transaction is an office building located at 320 Summer Street, Boston, MA. The historic eight-story structure encompasses 120,000 square feet, which includes 106,000 square feet of office space and 6,800 square feet of retail space. The sale price for the property was $26,200,000, translating to a price per square foot of $218.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $26,200,000
• Square Footage: 120,000
• Address: 320 Summer Street
• Market: Boston, MA
• Seller: Clay Duvall & David Binswanger - Lincoln Properties; Robert Bellinger - ASB Real Estate Investments
• PPSF: $218

The transaction involved Clay Duvall and David Binswanger representing Lincoln Properties, alongside Robert Bellinger representing ASB Real Estate Investments. Notably, the sale encompassed a building that features a renovated exterior and interior, which accentuates its original architectural details.