1200 Soldiers Field Road Update 05/26/17

Mount Vernon acquires Allston office building from Intercontinental for $3.8 million


The Mount Vernon Company has acquired 1200 Soldiers Field Road, an 18,512-square-foot office building in Allston, from Intercontinental Real Estate Corporation for $3.8 million in cash. The building stands on a 0.41-acre lot at the corner of Soldiers Field Road and Everett Street overlooking the Charles River Esplanade; the sale amounts to $205.27 per existing building square foot and $9,268,262.68 per acre. Intercontinental acquired 1200 Soldiers Field Road in 2003 for $5.93 million, amounting to $320.33 per square foot and $14,463,414.60 per acre. The building was last altered in 1999.

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