281 Franklin Street
Update
02/26/24
Boston Pinnacle Properties Closes on Downtown Office Set for Resi Conversion
Boston Pinnacle Properties has acquired 281 Franklin Street in Downtown Boston for $3,800,000. The firm is planning to convert the existing building from office space to residential. The ground floor uses of the 6-story building will remain the same with the upper floors converted to 15 apartments, a mix of studio & 1-bedroom residences. Adam Burns, President of Pinnacle Properties tells BLDUP “Our success is heavily predicated on the hard work of Doug Landry and the entire Finance Boston team as well as Mayor Wu and the BPDA with their forward-thinking pilot program. A well-deserved thank you to Finance Boston our lender Rockland Trust and the Wu administration for making this deal possible.”
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