BOSTON — Boston Realty Advisors has brokered the sale of an office building located at 311 Summer St. in Boston’s Fort Point neighborhood. Qatar-based Alduwaliya acquired the property for $38.5 million, or $673 per square foot. The seven-story, 57,225-square-foot brick-and-beam building was 100 percent leased at the time of sale. Jason Weissman, Nick Herz and Michael […]
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Viewing posts from: August 2016
BOSTON– Boston Realty Advisors announced that it has closed the sale of 311 Summer Street, an iconic brick-and-beam office building in Boston’s Fort Point neighborhood. The sale price of $38,500,000 equates to $673 per square foot. Qatar-based investor, Alduwaliya purchased the core asset from 311 Summer St, LCC in an all-cash transaction. Jason Weissman, Nick […]
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Somerville announced that it will no longer fight to challenge Wynn Boston Harbor environmental permit, according to Boston Business Journal. The huge gaming resort development is due to open in Everett in June 2019, received a license earlier this month and began construction. Despite the license Somerville officials were strongly considering seeking a judicial review […]
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This August marks the 40th anniversary of the reopening of Faneuil Hall Marketplace and to honor the occasion they are celebrating throughout the weekend. Originally built in 1742, Faneuil Hall has always been home to merchants and acted as a major meeting space in the city. The market remained a major business hub throughout the 1800’s […]
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With the emergence of digital and online shopping many have long expected physical retail stores to slowly fade away, however that is not the case. Instead of taking the place of physical retail space, retailers are finding that best practice is to integrate their digital presence with their physical space, creating a whole new shopping experience. […]
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