Tower in Boston's Seaport Sells for $435M in One of the Biggest Deals in Decades

Tower in Boston's Seaport sells for $435M in one of the biggest deals in decades

One Marina Park Drive, an office building in the Seaport, has sold for $435 million. It appears to be the highest office sale in the city in two decades.

Seaport Office Tower Sells for $435 Million

Holy Moly! One Marina Park Drive, an 18-story office tower in the Seaport, has sold for $435 million, according to the Boston Business Journal. Oxford Properties Group purchased the building, which is currently 99% occupied. The sale is a notable one for Boston’s office market, where some newer, well-occupied buildings are maintaining their value while [...] The post Seaport Office Tower Sells for $435 Million appeared first on Caught In Southie.

Oxford Properties Pays $435M for Fan Pier Office Tower

Toronto-based Oxford Properties Group said Wednesday it had acquired One Marina Park Drive, an 18-story Class A office tower located on Fan Pier in Boston’s Seaport District, from Clarion Partners for US$435 million. The deal represents Oxford’s first acquisition of a core office asset in the U.S. in nearly a decade Oxford has spent the past decade diversifying its holdings across major asset classes and recycled approximately US$14 billion out …

Oxford Properties Buys One Marina Park Drive For $435M

Oxford Properties acquires One Marina Park Drive for $435M, marking its first core office asset purchase in a decade.