Renovated Boston building sold

Cost per square foot tops $336

Don't miss the real estate event of the summer
Join 4,000 real estate pros at Connect SF, Aug 7‑11, 2017

The Carlyle Group recently sold a 110,005-square-foot office property in downtown Boston, Mass., for $37 million. The property at 40 Court St. is a multitenant building in the city's financial district, purchased by Brickman Associates. The building was 84 percent leased at the time of sale and was recently renovated at a cost of $2.5 million, which included the renewal and redecoration of its lobby. The Oceanaire Seafood Room, a high-end restaurant with 14 locations around the United States, is scheduled to open for business on the street level of 40 Court St. this fall. ...