The property at 10 Post Office Square in Boston's Financial District has been acquired by Synergy Investments for $238.7 million.
The 14-story, 445,000 square foot office building was built in 1923 and is located in Post Office Square overlooking the landmark Norman Leventhal Park.
10 Post Office Square is anchored by the 150,000 square foot headquarters of Boston Private Bank. The building features a fitness center with bicycle storage and lockers, as well as a 1,400 car underground parking garage.
10 Post Office Square, 445,000 square foot office building, sells for nearly $185 million
LaSalle Investment Management of Chicago has acquired 10 Post Office Square, a 445,000 square foot mid-rise Financial District office building, for nearly $185 million. The exact sale figure is $184,816,700, amounting to about $415 per square foot. The building’s seller is a joint venture of GreenOak Capital and Synergy Investments, who acquired the property in October 2014 for $143 million, or $321 per square foot. 10 Post Office Square overlooks the landmark Norman Leventhal Park and is anchored by Boston Private Bank’s 150,000 square foot global headquarters.
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