Embrace Boston Acquires Two Office Buildings In Boston For $9.55 Million Through Brokers Brandon Dickason & Jeffrey Gates
33 West Street & 41 West St Boston
$9,550,000
$139/SF
Building Size
68,600 SF
Asset Type
Office
Closing
Jun 12, 2026
AI
The transaction involved the sale of two adjoining office buildings located at 33 West Street and 41 West Street in Boston, MA. The total sale price was $9,550,000 for a combined square footage of 34,300. This results in a price per square foot (PPSF) of $278.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $9,550,000
- Square Footage: 34,300
- Price per Square Foot: $278
- Buyer: Embrace Boston
- Seller: Kendall Capital
- Brokers: Brandon Dickason & Jeffrey Gates - Avison Young
A notable aspect of this transaction is that Avison Young facilitated the sale, representing the buyer, Embrace Boston, in the deal while Kendall Capital acted as the seller.
Players
Boston Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.66%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93