facebook
Traded Co logo
Submit a Deal

Lendlease Group & Ivanhoe Cambridge Inc Acquire Development Site In Boston For $67M

60 Guest Street
PointingArrow
ShareContact

This Development Site property located in MA was sold for $67,000,000 about 3 years ago. The brokers of the deal were Kerry Hawkins and Coleman Benedict

Located in Boston, MA, the development site at 60 Guest Street has been sold for a hefty price of $67,000,000. The property spans across 1.2 acres, resulting in a price per acre of approximately $55,833,333. The transaction took place on March 17, 2021.

Summary of Transaction Details

  • Property Type: Development Site
  • Transaction Amount: $67,000,000
  • Address: 60 Guest Street, Boston, MA
  • Market: Boston, MA
  • Seller: NB Development Group
  • Buyer: Lendlease Group & Ivanhoe Cambridge Inc
  • Brokers: Coleman Benedict & Kerry Hawkins - JLL Capital Markets
  • Acres: 1.2
  • Price per Acre: $55,833,333

The sale of 60 Guest Street was facilitated by JLL Capital Markets, with Coleman Benedict and Kerry Hawkins acting as brokers for the buyer and seller. The acquiring parties, Lendlease Group and Ivanhoe Cambridge Inc, successfully secured this lucrative development site from NB Development Group on the mentioned date.

View Related

Deals
  • Location
    60 Guest Street, Boston, MA, USA60 Guest Street, Boston, MA, USA
  • Sale Price
    $67,000,000$67,000,000
    $209 PPSF$209 PPSF
  • Area
    320,000 SF320,000 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Coleman Benedict

Coleman Benedict

Deals6
Financed$213M

Kerry Hawkins

Kerry Hawkins

Deals5
Sold$237.2M

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

Social

Deal Summary

SALE IMAGE: Kerry Hawkins & Coleman Benedict DATE: 03/17/2021 ADDRESS: 60 Guest Street MARKET: Boston, MA ASSET TYPE: Development Site SELLER: NB Development Group BUYER: Lendlease Group & Ivanhoe Cambridge Inc BROKERS: Coleman Benedict & Kerry Hawkins - JLL Capital Markets SALE PRICE: $67,000,000 ACRES: 1.2 ~ PPA: $55,833,333

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

60 Guest Street

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits