147 Milk Street Update 06/08/16

Sale of 147 Milk Street in Financial District closes for $33.25 million


The sale of the 52,200 square foot, 10-story Financial District office building at 147 Milk Street to Bentall Kennedy and MEPT, first reported earlier this month by The Real Reporter, closed today for $33.25 million as recorded in the Suffolk County Registry of Deeds. The registered buyer of 147 Milk Street is MEPT 147 Milk LLC, a limited liability company affiliated with Bentall Kennedy strategic partner and MEPT manager NewTower Trust Company. 147 Milk Street's seller is Lexington Realty Trust, who acquired the building in 2007 for $20 million. Bentall Kennedy is also a developer of the proposed Harrison Albany Block project in the South End.


The following is the deed for today's sale:


   


More information about 147 Milk Street is posted below.

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