Manulife Investment Management Sells Boston Property To Brickman For $128 Million
Massachusetts
See Similar DealsManulife Investment Management Sells Boston Property To Brickman For $128 Million
541 Boylston St, Boston, MA, 02116
See Similar DealsSummary
This article discusses the sale of an office building located at 541 Boylston St, Boston, MA, 02116. The property, which spans 184,643 square feet, was sold for $128,000,000. At the time of the sale, it was 98 percent leased to 38 tenants and offered access to Copley Square and the Raffles Hotel & Residences project currently in development.
Summary of transaction details:
- Property Type: Office Building
- Transaction Amount: $128,000,000
- Address: 541 Boylston St, Boston, MA, 02116
- Market: Boston
- Seller: Manulife Investment Management
- Buyer: Brickman
- Seller's Representatives: Matthew (Matt) Pullen, Edward Maher - Newmark
The transaction was facilitated by Newmark Knight Frank, with Edward Maher, Matthew Pullen, James Tribble, and Samantha Hallowell representing the seller, Manulife Investment Management. A joint venture between Bahrain-based Investcorp and New York-based Brickman acted as the buyer for the property.
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