KBS Realty Advisors acquired a 133,731-square-foot office building in the West Cambridge submarket of Boston for $29.6 million.

The three-story building, located at 625 Mount Auburn, is situated approximately 1.25 miles west of Harvard Square.

At the time of sale, the property was 96 percent leased, according to a press statement.

The purchase boosts KBS Realty Advisors’ regional Boston-based portfolio to approximately 1.3 million square feet. KBS owns six other assets in the Boston metropolitan region.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top