Clarion Fort Point Office Portfolio Update 04/12/16

Six-building Fort Point office portfolio sells for $224 million


Clarion Partners' sale of a six-building Fort Point office portfolio to TIAA closed today for a recorded $224 million. The buildings are spread throughout the Fort Point neighborhood on Farnsworth, Congress and Summer streets; a full listing is posted below.


The sale also includes a 8,531 square foot vacant parcel on Farnsworth Street. One of the six buildings sold is 33-41 Farnsworth Street, where General Electric will establish temporary headquarters before moving to a new facility on Fort Point Channel.


The agreement for the sale to TIAA was reported in March 2016 by Banker and Tradesman. The following is the deed for today's sale:


View Clarion Fort Point Office Portfolio >>

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