Quaker Lane Capital Acquires 63K Square Foot MXU Building in North Station
Real estate development, investment and advisory services firm Quaker Lane Capital and real estate private equity firm Alcion Ventures has acquired 110 Canal Street, a boutique mixed-use office and retail building located in Boston’s North Station submarket.
With more than 60,000 square foot office and retail space, 110 Canal Street features exposed brick, open ceilings, wide column spacing, hardwood floors, and open floor plates with some private offices along the perimeter. The property also offers several areas specifically designed for collaborative work. The property is also nearby the MBTA’s North Station regional transportation center.
“We are thrilled to announce Quaker Lane and Alcion’s acquisition of 110 Canal Street, making our initial investment in the North Station submarket which we view as one of the most high-potential neighborhoods in the city,” said Carlos Febres-Mazzei, managing principal at Quaker Lane Capital. “It is a truly special asset offering creative office space with high ceilings , flexible open-concept floorplans, and overflowing with character. Matched with the desirable location and an entirely new amenity base, 110 Canal Street is ripe for those seeking modern office or retail space in a thriving mixed-use neighborhood within Boston’s downtown core and adjacent to a major transit hub.”
- ◦Sale/Acquisition