Transwestern fund lands skyscrapers

Transwestern Investment Co.'s equity fund, Aslan Realty Partners III LLC, acquired two interconnected office towers in Boston's Financial District for an undisclosed price, the company announced Wednesday.

The property, located at 75-101 Federal St., comprises approximately 810,000 square feet of class A space. The tower at 75 Federal St. rises 21 stories, while the 101 tower rises 31.

BeaMetFed Inc., a joint venture between Equity Office Properties Trust and the General Motors Pension Fund, sold the property at 90 percent occupancy.

Chicago-based Transwestern Investment Co. invests in commercial real estate nationwide.

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