Synergy Investment & Development acquired the Old City Hall office building at 45 School St. in Boston, MA for $30.1 million, or about $360 per square foot, from the Architectural Heritage Foundation.

The eight-story, 83,700-square-foot building was designed by Gridley J.F. Bryant and Arthur Gilman in 1862. The mixed-use asset sits on six-tenths of an acre in the Financial District submarket of Suffolk County, and was last renovated in 1972 after…

Article From: "Key Realty Commercial Real Estate News"   Read full article