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BU Buys Comm. Ave. Building for $50M

By James Sanna | Banker & Tradesman Staff | Jan 20, 2020 | Reprints | Unlock Link

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A mixed-use building on Commonwealth Avenue in Brookline has sold for $50 million.

Boston University bought the 3-story building from an affiliate of The Druker Co., according to information in the Norfolk Registry of Deeds.

The 145,174-square-foot building contains several ground-floor retail units, offices and classrooms on its top two floors, according to town property records. The core of the property includes a two-story parking structure, fronted by small retail units. Retail tenants include a CVS and a Pavement Coffeehouse.

The building sits in the middle of the school’s campus, opposite the Boston University Central station on the MBTA’s Green Line.

B&T Daily