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NKF Orchestrates $170M Transaction in Boston
New York-based Fortis Property Group acquired Dock Square Garage in Boston for $170 million. NKF’s Edward Maher, Matthew Pullen and James Tribble oversaw the transaction on behalf of Dock Square Parking Associates, LLC.
Comprising 698 parking spaces complemented by 16,100 square feet of retail space leased to Hard Rock Café, Dock Square Garage encompasses an entire city block. The garage also features three to four stories of additional development potential.
“Dock Square Garage is among the top three highest-grossing parking facilities in Boston,” said Pullen. “The garage is directly surrounded by 24/7 demand drivers including Faneuil Hall, the North End, Rose Kennedy Greenway, TD Garden and 33 million square feet of Downtown office space.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition