Boston & New England CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
New Boston Fund Divests Boston Lux MF for $144.5M
New Boston Fund’s The Tower at One Greenway, a newly-constructed, 217-unit luxury apartment community in the heart of downtown Boston, has sold for $144.5 million. The buyer was reportedly PGIM Real Estate.
New Boston Fund’s Jim Kelleher says, “The unprecedented demand for Boston residential real estate made now the opportune time for us to sell the Tower at One Greenway.”
Completed in 2015, The Tower at One Greenway is a USGBC LEED Silver-certified, 21-story trophy apartment tower at 99 Kneeland St., with 3,180 square feet of retail and a 135-space underground parking garage.
The HFF investment advisory team handling the transaction on behalf of the seller included Matthew Lawton, Riaz Cassum, Chris Phaneuf and Mark Campbell.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition

