100 Northern Avenue Class A office building in Seaport District trades for $447 million
RREEF Property Trust, a division of Deutsche Bank of Germany, has acquired the recently opened, 515,000 square foot 100 Northern Avenue Class A office building in the Seaport District from developer The Fallon Company for $447 million. The sale amounts to about $868 per square foot. 100 Northern Avenue was developed for $300 million and opened in July 2016. The building is 75% occupied by lead tenant Goodwin LLP, with Sorelle Bakery & Cafe now open on 100 Northern Avenue's ground floor.
Goodwin installs sign at new Seaport headquarters
Law firm Goodwin has installed a new sign at the summit of its’ newly opened headquarters at 100 Northern Avenue in the Seaport District. The sign is a fixture of the Boston skyline prominently visible from Boston Harbor. The newly built 17-story 100 Northern Avenue opened this past summer and features Class A office space with sweeping views of Boston Harbor and the Boston skyline. Goodwin Procter occupies 75% of the building. A Sorelle cafe will soon open on 100 Northern Avenue’s ground floor. The following is a photograph of the new Goodwin sign at 100 Northern Avenue:
100 Northern Avenue listed for sale, could fetch $515 million
100 Northern Avenue, a 17-story, 515,000 square foot Seaport District office building open since last summer, has been listed for sale through HFF. 100 Northern Avenue is expected to draw bids of about $515 million, or $1,000 per square foot, according to a Real Estate Alert report. 100 Northern Avenue cost $300 million to develop and is 75% occupied by law firm Goodwin Procter.