Wells Real Estate Investment Trust purchased One Brattle Square, a 98,069-square-foot property in Cambridge, Mass.
The value of the transaction was not disclosed.
The six-story property is anchored by Harvard University, which occupies 55,065 square-feet, or 56 percent, of the building. EMI Group, a U.K.-based music producer and distributor, leases 23 percent of the building. The Limited Inc., an apparel retailer, leases 17 percent of the building.
Wells Real Estate Funds is a national real estate investment management company that purchases existing Class-A office and industrial properties.
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