ASB, Lincoln Property Co. Obtain $63 Million in Financing for Pair of Seaport District Properties

by | Jan 26, 2017 | Commercial Real Estate News

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ASB, Lincoln Property Co. Obtain $63 Million in Financing for Pair of Seaport District Properties

ASB Real Estate Investments and Lincoln Property Co. secured a $63 million loan for 320 and 333 Summer St., two mid-rise office buildings that total 217,000 square feet in Boston’s Seaport District.

Renovated in 2013, both feature loft-style office space that is 97 percent leased to PC data systems management firm LogMeln, which is merging into a subsidiary of Citrix.

Frederic Wittman and Brett Paulsrud of HFF’s debt placement team placed the…