Hana Financial & KTB Asset Management Acquires Congress Square Office Building In Boston For $342M

Congress Square at 40 Water Street, located in Boston, MA, has been sold in a recent transaction. The property is an office asset, encompassing approximately 371,996 square feet. The sale was finalized on December 23, 2021.

Summary of transaction details:

• Property Type: Office
• Sale Price: $342,000,000
• Price per Square Foot: $919
• Buyer: Hana Financial & KTB Asset Management
• Seller: Related Fund Management
• Broker: Paul Gillen, Anthony Ledesma, Daniel Parker & Allie Boyan - Hodges Ward Elliott

Hana Financial & KTB Asset Management acquired Congress Square at 40 Water Street from Related Fund Management. Leading the transaction were brokers Paul Gillen, Anthony Ledesma, Daniel Parker, and Allie Boyan of Hodges Ward Elliott. They facilitated the deal between the buyer and seller.