Asana Partners Update 11/30/18
Asana Partners Acquires Back Bay Portfolio for $297.9 Million
In 2011, Jamestown Properties invested in the Back Bay and acquired the portfolio for $226 million. 7 years later, the investment has paid off as North Carolina-based, Asana Partners has acquired the 130,000 square-foot portfolio comprised of 28 buildings, mainly on Newbury Street for $297.9 million.
Newbury Street, a retailers dream, has always been a focal point of Boston’s Back Bay. With mixed-use developments going up all around the city, Newbury Street will continue to flourish and battle the Seaport as the ultimate live, work, and play location.
Check back soon for the complete list of properties and updates.