North Colony Asset Management And North River Company Acquire Office Portfolio In Boston For $52M

This transaction involves the sale of an office portfolio located at 10-20 Channel Center Street in Boston, MA. The property comprises three buildings with a total area of 252,760 square feet, and the sale was completed for a price of $52,000,000, resulting in a price per square foot of $205.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $52,000,000
• Address: 10-20 Channel Center Street
• Market: Boston, MA
• Square Footage: 252,760
• Price per Square Foot: $205
• Buyer: North Colony Asset Management & North River Company
• Buyer's Representative: Frank Petz, Matthew Sherry, Rob Schlesinger, Daniel Hincks & Jack Barrett - Colliers

Colliers represented North Colony and North River in the acquisition of this office portfolio, demonstrating their involvement in navigating the complexities of the transaction.