facebook


Go ProSubmit a deal
Submit
Home

/

Deals

/

Massachusetts

/

Office

/

Sale

/

250 Summer Street

Updated Jun 26, 2026

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

About this deal

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.

On the Map

Open live map

$37,000,000

$370/SF

Office

View full map

Players

NM
North Colony Asset ManagementBuyer

Ted Pick

Morgan Stanley

Seller

$2.6B

vol

20 deals

Seller

Smarr Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Deal FAQ

About $370 per square foot on a published $37M for 100,000 square feet (2026).

Visit Ted Pick to view all their deals.

Browse Smarr office sales on Traded.

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

More Deals

Nearby Markets