Marcus Partners Acquires Office Building In Boston, MA For $25M

The office building located at 19 Fid Kennedy Avenue in Boston, MA has been sold in a recent transaction. The property, owned by Panera Bread, was purchased by Marcus Partners. The deal was facilitated by broker Frank Petz from Colliers International. The sale price for the property was $25,000,000, with a total area of 61,000 square feet.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $25,000,000
• Square Footage: 61,000
• Address: 19 Fid Kennedy Avenue, Boston, MA
• Market: Boston, MA

Frank Petz from Colliers International represented Marcus Partners in this transaction. The office building, located at 19 Fid Kennedy Avenue, offers a prime commercial space in the bustling city of Boston. With a size of 61,000 square feet, the property attracted the attention of Marcus Partners, who saw the potential in this strategic location. The sale was successfully completed, with Panera Bread selling the office building to Marcus Partners for $25,000,000. Frank Petz, as the broker from Colliers International, played a crucial role in facilitating the deal between the buyer and seller.