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Boston & New England  + Healthcare  |  April 7, 2021
David Cohen
By: David Cohen

KanAm Grund Snags Medical Office Building in Downtown Boston

German investment firm KanAm Grund has acquired a 52,337-square-foot medical office building located at 147 Milk St. in downtown Boston. The sales price was not disclosed.

At the time of sale, the 10-story property was fully leased to Atrius Health/Harvard Vanguard Medical Associates, the largest independent physicians’ group in New England.

Robert Griffin, Frank Nelson and Michael Greeley of Newmark represented the seller, New York City-based institutional investment firm BentallGreenOak, in the transaction. The property last traded for $33.3 million in 2016.

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Inside The Story

Newmark’s Griffin

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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