Saturday, January 17, 2015

HFF closes $152 million sale of Class A office building in Boston’s Back Bay

  
116 Huntington Avenue, Back Bay submarket, Boston, MA

Coleman Benedict
BOSTON, MA – HFF announced it has closed the $152 million sale of 116 Huntington Avenue, a trophy, 274,218-square-foot office located in Boston’s Back Bay submarket.

                HFF marketed the property for the seller, Broadway Partners, and procured the buyer, Columbia Property Trust.  Soundport Capital LLC acted as an advisor to the seller. 

Originally constructed in 1991 and continually renovated and upgraded throughout time, 116 Huntington is a boutique office building that draws on the various demand sectors in Boston’s highest renting submarket. 

 In addition to the on-site amenities, the building is within walking distance to the Shops at the Prudential, Copley Place and the MBTA’s Back Bay Station, which provides access to subway, bus, commuter rail and Amtrak services.  

Rising to a height of 15 stories, the building offers unmatched views of the Back Bay, Seaport, South End and the Charles River. 

Ben Sayles
                The HFF investment sales team representing the seller was led by senior managing director Coleman Benedict, director Ben Sayles and real estate analyst Patrick McAneny.

“Back Bay is one of the tightest markets in the country,” Benedict said.  “Given the concentrated, institutional ownership in the area, the opportunity to acquire such a trophy rarely comes along.  Columbia is going to do very well with this asset.”


For a complete copy of the company’s news release, please contact:

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com

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