Apr
10
CBRE Arranges Sale of 10-Story Office in Boston’s Financial District
By15 Broad Street, a 73,500-square-foot office building located in the heart of Boston’s Financial District, was sold by Broder Properties for $33 million.
15 Broad Street, Boston
Boston—CBRE/New England recently announced that its Capital Markets team completed the sale of 15 Broad Street, a 10-story, 73,500-square-foot office building located in the heart of Boston’s Financial District. The property changed hands for $33 million and seller Broder Properties was represented by CBRE/NE’s Dave Pergola and Brian Doherty. The CBRE team also procured the buyer, Brookfield Property Partners, in conjunction with AustralianSuper.
City of Boston records show that the property’s 2016 assessment estimated the asset at little over $15.7 million, less than half of what Broder cashed in for the transaction, revealing once more the level of competitiveness in keyBoston submarkets…
CBRE Arranges Sale of 10-Story Office in Boston’s Financial District
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