facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Office

/

Sale

/

250 Summer Street

Mario Valdivia Bernstein Of North Colony Asset Management Acquires 250 Summer St Office For $37M
SOLDOffice

Mario Valdivia Bernstein Of North Colony Asset Management Acquires 250 Summer St Office For $37M

250 Summer Street

$37,000,000

$370/SF

Building Size

100,000 SF

Asset Type

Office

Closing

Jun 24, 2026

AI

The transaction involved the sale of an office building located at 250 Summer Street in Boston, MA. The asset features a total square footage of 100,000 and was sold for a price of $37,000,000, resulting in a price per square foot of $370.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $37,000,000
  • Address: 250 Summer Street
  • Market: Boston, MA
  • Square Footage: 100,000
  • Price per Square Foot: $370
  • Buyer: Mario Valdivia Bernstein - North Colony Asset Management
  • Seller: Ted Pick - Morgan Stanley

This transaction was facilitated by Mario Valdivia Bernstein, representing North Colony Asset Management, and Ted Pick, representing Morgan Stanley, indicating the collaboration of both parties in reaching this agreement.

Players

NM
North Colony Asset ManagementBuyer

Ted Pick

Morgan Stanley

Seller

$1.7B

vol

14 deals

Seller

Smarr Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.43%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93