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Boston & New England  + Metro Boston  + Office  | 

Regional FBI Headquarters in Chelsea Fetches $135M

Dallas-based Allan Bailey Johnson Group has paid $134.5 million to acquire 201 Maple St., a regional headquarters for the FBI in Chelsea, MA, reported the Boston Business Journal. The seller was ACS Development of Chelsea, which bought the site in 2003 for $3 million.

The FBI moved into 201 Maple in 2016, choosing the more secure, standalone location just off Route 1 after having been located at One Center Plaza in downtown Boston. The U.S. General Services Administration signed a 20-year lease when the FBI moved in.

The FBI’s Boston-area field office covers all of New England except for Vermont, overseeing 10 satellite offices across the region. The eight-story building spans 268,000 square feet. The sale of the Chelsea building comes as the federal government assesses which buildings nationwide are no longer needed. Its price is an aberration in a time of depressed office pricing, reported the Business Journal.

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Allan Bailey Johnson Group

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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