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Boston Building Fetches $92M

Mar 1, 2011 | Reprints | Unlock Link | Print

Equity Residential has scooped up a 286,555-square-foot building in Boston for $92 million.

Back Bay Assoc. sold the 20-story, hi-rise at 75 Saint Alphonsus St. The building has 296 residences, gym, pool with garage parking, and is 100 percent occupied, according to a statement.

The new owners have renamed the property "The City View at Longwood," according to a statement.

The transaction was brokered by Jeffrey M. Rome of Capital Access US LLC. Rome procured the buyer and represented the seller.

Commercial & Industrial