Dock Square Garage Update 04/11/24

Dock Square Garage Financed for $104M

Silverstein Capital Partners & Rialto Capital Management have secured $104,000,000 in financing for the Dock Square Garage through TPG Real Estate Credit. Newmark Boston's debt and structured finance Group represented the sponsors of the transaction. The property last traded in 2017 for $170,000,000. The 698-space parking garage stands on 1.2 acres of land overlooking the Rose Kennedy Greenway. Plans had been approved for a 10-story addition to the garage offering over 100 residential units. 

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