Portfolio sold in Boston's Back Bay
Commercial, residential space changes hands
By Inman News, Wednesday, August 15, 2007.A four-building, mixed-use portfolio in Boston's posh Back Bay district has sold for approximately $17.5 million.
Edward Swartz Realty Trust sold the buildings to various buyers.
In the first deal, Taurus/Anglo Newbury Street Limited Partnership paid $9.6 million sale for both 177 & 234-236 Newbury St., totaling 19,816 square feet of commercial and residential space.
In the second deal, 18 Exeter LLC purchased a 10,120-square-foot, 10-unit multifamily building at 18 Exeter St. for $3.2 million.
The third transaction involved DL Development LLC's purchase of a 12,490-square-foot, 10-unit apartment building at 185 Marlborough St., for $4.5 million.
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