The Victor
Update
11/27/16
IMP completes $187 million acquisition of Bulfinch Triangle’s The Victor
Institutional Multifamily Partners (IMP), a partnership between CalPERS of California and GID of Boston, has closed on the acquisition of The Victor, a 377,000 square foot Bulfinch Triangle luxury apartment building with ground-floor retail, for $187 million or $496 per square foot. With the acquisition, IMP has assumed the 99-year ground lease of the Victor parcel, which is owned by the Massachusetts Department of Transportation (MassDOT). “The Victor represents an opportunity to add to our portfolio in a dynamic location with incredible access to transportation, jobs and entertainment,” says Bill Chiasson, Senior Vice President of Acquisitions at GID, in an official release. The acquisition of The Victor is GID’s first in Downtown Boston. The following is the deed for IMP’s acquisition of The Victor:
