Stephen Davis Of The Davis Companies Acquires Four Office Buildings From William Huffman For $56M

The transaction involved the acquisition of four office buildings located at 34 Farnsworth Street, 38 Farnsworth Street, 44 Farnsworth Street, and 332 Congress Street, situated in the Boston, MA market. The total sale price for the properties was $56,000,000. The buildings encompass a total of 151,714 square feet, which equates to a price per square foot of approximately $369. At the time of sale, the properties were reported to be 94% leased.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $56,000,000
• Buyer: Stephen Davis - The Davis Companies
• Seller: William Huffman - Nuveen
• Total Square Footage: 151,714
• Price per Square Foot: $369
• Leased Percentage: 94%

Key individuals involved in the transaction include Stephen Davis, representing The Davis Companies as the buyer, and William Huffman, representing Nuveen as the seller. This deal reflects the involvement of significant players in the real estate market, with the acquisition expanding The Davis Companies' portfolio.