Vanbarton Group Sells Seaport Office Building At 175 Water Street For $252M

The property involved in this transaction is an office located at 175 Water Street in the Seaport market. The property spans a total area of 684,500 square feet with a price per square foot of $368. The sale of this property was completed on October 11, 2022, for a total sale price of $252,000,000. The seller of the property was Vanbarton Group.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $252,000,000
• Address: 175 Water Street
• Market: Seaport
• Size: 684,500 square feet
• Price per Square Foot: $368

The transaction was facilitated by the brokerage firm JLL, with Andrew Scandalios, David Giancola, Vickram Jambu, Steven Rutman, and Marion Jones representing the seller, Vanbarton Group, in the deal.