Jan
25
HFF Closes $63M Financing for Boston Office Buildings
ByThe two Seaport District properties are home to tech company LogMeIn.
333 Summer St. in Boston
Boston—HFF recently announced it has closed $63 million in financing on behalf of ASB Real Estate Investments for 320 and 333 Summer St. in Boston, two office buildings totaling roughly 217,000 square feet.
HFF secured the financing through The Hartford Financial Services Group, placing a 10-year, 3.65 percent, fixed-rate loan. The two assets are owned by the $6.3 billion Allegiance Fund, an open-end core investment vehicle, which is a joint venture of ASB and Lincoln Property Co. HFF Senior Managing Director Frederic Wittmann and Director Brett Paulsrud led the team representing the borrower…
