Ali Mohammed Al Obaidli's Ezdan Holding Group Acquires Office Building At 855 Boylston Street In Boston For $99.5M

Ezdan Holding Group, the largest real estate company in the Persian Gulf, has acquired a 142,765-square-foot office building at 855 Boylston St. in Boston's Back Bay neighborhood for $99.5 million. The property was sold by Anne-Marie Vandenberg, representing Rreef Property Trust, with the assistance of Newmark. The transaction was completed at a rate of $696.95 per square foot.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $99,500,000
• Address: 855 Boylston Street, Boston, MA
• Market: Boston, MA
• Buyer: Ali Mohammed Al Obaidli - Ezdan Holding Group
• Seller: Anne-Marie Vandenberg - Rreef Property Trust
• Broker: Newmark
• Square Footage: 142,765
• Price per Square Foot: $696.95

The acquisition of the office building by Ezdan Holding Group marks their expansion into the Boston market. Ezdan Holding Group, led by Ali Mohammed Al Obaidli, continues to strengthen its real estate portfolio with strategic investments in key locations.