New York-based private equity firm Brickman has acquired 186 Lincoln St. in Boston from Morris & Morse Co. of Boston for $20.65 million.

The 68,526-square-foot multi-tenant office building near South Station is 70 percent leased, with tenants including Roche Diagnostics, Full Contact and Greystone Solutions.

CBRE/NE’s capital markets team of Chris Angelone, John Meador, Bruce Lusa and Jessica Dowd represented the seller. CBRE’s debt and structured finance team of Carlos Febres-Mazzei, Kyle Juszczyszyn, Alex Bradley and Taylor Shepard arranged the acquisition financing for Brickman with Rockland Trust Co.

“Rockland Trust was able to understand the repositioning strategy for the asset and moved quickly to finance the property within an extremely tight timeline and a highly attractive loan structure for Brickman,” Fabres-Mazzei said in a statement.

The South Station submarket contains 1.3 million square feet of office space in 22 buildings, 85 percent of which is class B product, according to CBRE/NE research.

Brickman Acquires 186 Lincoln St. For $20.6M

by Banker & Tradesman time to read: 1 min
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