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Boston & New England  + Office  |  October 26, 2020
David Cohen
By: David Cohen

JLL Brokers $72M Sale of Office Building in Boston

JLL has brokered the $72 million sale of 20 Guest Street, a 228,912-square-foot creative office building located adjacent to the Boston Landing neighborhood in Boston.

The office property is located adjacent to Boston Landing, a premier wellness hub in the city. Boston Landing includes the new Boston Bruins practice facility and Warrior Ice Arena as well as The Auerbach Center, the Boston Celtics practice facility. The development is also the future site of The Track at New Balance, a world-class indoor hydraulic track, field and entertainment venue. Built in 2000,  20 Guest Street features expansive views, column-free floorplates with exposed ceilings and flexible tenant areas. Currently, the property is fully-leased to seven tenants, including the Harvard Business School of Publishing.

Coleman Benedict, Kerry Hawkins and Ben Sayles of JLL represented the seller, NB Development Group, in the transaction. The buyer was a partnership between Griffith Properties LLC and Artemis Real Estate Partners.

For comments, questions or concerns, please contact David Cohen

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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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