Clarion Fort Point Office Portfolio

$5M Reno Permit Issued for Office Space at 44-54 Farnsworth St.

Tremont Construction Management has pulled a permit for phased renovations of the office space on floors 2-7 of 44-54 Farnsworth Street. The permit, valued at $5M, calls for a new layout and finishes with MEP & fire alarm adjustments to accommodate the new floorplan.

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: