Center Plaza Update 04/13/17

Synergy acquires 741,000 square foot Center Plaza in Financial District for $365 million


Synergy Investments has acquired the existing 741,000 square foot Center Plaza office and retail development, located across from Government Center Station, for $365 million ($493 per square foot). Seller Shorenstein Properties acquired Center Plaza for $307 million ($414 per square foot) in January 2014. Brookfield Asset Management provided over $246 million ($246,140,697) in mortgage financing for Synergy's acquisition.

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