MCRE Partners Acquires 76K-SF Office Building in Boston
MC Real Estate Partners has acquired 110 Chauncy Street, a 76,000-square-foot office property in downtown Boston. The sales price was not disclosed.
In addition to the acquisition, global design firm Sasaki has signed a 64,000-square-foot, 16-year lease at the property. The firm will be the primary occupant of the eight-story building, which will house its 250+ Boston-based employees and the Sasaki Foundation in the top seven floors. Significant base building improvements are also planned for the 1899-vintage property, toward MCRE’s goal of creating a modern class A creative office building ready for a pandemic sensitive world.
Kerry Hawkins of JLL represented the undisclosed seller in the off-market transaction. Bryan Sparkes of JLL represented Sasaki in the lease transaction.
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.