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| 51 Sleeper Street, Seaport District, Boston, MA |
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| Coleman Benedict |
BOSTON, MA – HFF announced it has closed the $60.2 million
sale of 51 Sleeper Street, a premium, eight-story, 150,363-square-foot
office building located in Boston’s dynamic Seaport District.
The HFF team led by Coleman Benedict and Ben
Sayles exclusively represented the seller, DivcoWest, in the transaction
and procured the buyer, TIAA-CREF.
By
virtue of its location alongside the Fort Point Channel, 51 Sleeper features
unobstructed views of downtown Boston from each floor.
The asset’s location also provides for convenient access to
and from I-93 and I-90 (Mass Pike) as well as public transportation hubs such
as South Station and Rowes Wharf.
At the time of sale,
51 Sleeper was fully leased to a diverse tenant roster that includes government
entities, architects, and technology firms.
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| Benjamin E. Sayles |
“51 Sleeper is an irreplaceable asset in a tremendous location,” said Benedict. “TIAA-CREF will enjoy terrific performance from this asset as the significant wave of development will only enhance the Seaport District by bringing businesses, residents, and visitors to the area.”
For a complete copy of the company’s news release, please
contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell:
617-543-4873 | www.hfflp.com
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