The Wesleyan on Copley Update 11/17/23

$38M in Financing Secured for Back Bay Office

Chevron Partners has closed on $38,000,000 in financing through Northern Bank & Trust for 581 Boylston Street in Back Bay. The firm acquired the property in September 2022 for $19,550,000 and recently announced renovation plans for the property. Now dubbed, The Wesleyan on Copley the building will boast a new retail facade and office entry, a Parisian-style lobby, seven full-floor office suites, and 4,000 square feet of amenity space. Retail leasing of the property will be handled by Boston Realty Advisors with office leasing through Newmark. The building is expected to deliver in 2025.

 

 

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