121 Seaport Square Update 12/17/18

American Realty Advisors Acquires Seaport Building for $455 Million

Los Angeles based, American Realty Advisors has acquired the building at 121 Seaport Square for $455 Million.

The property features a 17-story, 450,000-square-foot tower located in the heart of Boston's Seaport District. 121 Seaport features 400,000 square feet of Class A office space above a two-story, 50,000-square-foot retail podium. 121 Seaport is 100%-leased, with tenants including Internet of Things (IoT) technology provider PTC, who has leased 250,000 square feet, and Alexion Pharmaceuticals, who has leased 150,000 square feet. Both tenants will open new global headquarters at 121 Seaport.

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