Office Tower in Boston’s Seaport Sells for $450 Million, Large Office Record for 2018

by | Aug 26, 2018 | Commercial Real Estate News

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Office Tower in Boston’s Seaport Sells for $450 Million, Large Office Record for 2018

CommonWealth Partners has paid $450 million for the new office tower on Pier 4 in Boston’s surging Seaport District, a record for this year that shows the accelerating demand for the city’s historic waterfront that’s drawing major corporations from Amazon to General Electric.

The 13-story tower at 140 Northern Ave. is 372,372 square feet and is scheduled for completion this month. It’s known simply as Pier 4. CommonWealth, the Los Angeles investment…

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