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Downtown Crossing Office Building Sold to Qatari Buyer

Oct 7, 2019 | Reprints | Unlock Link | Print

Image courtesy of Google Maps.

An 11-story downtown Boston office building has sold for $70.35 million, according to documents filed with the Suffolk Registry of Deeds.

Built in 1910, 99 Chauncy St. contains 108,106 square feet of class B space, according to city property records. It was most recently assessed at $22 million.

The buyer was a Delaware company, 99 Chauncy Street Inc., with a Doha, Qatar address listed as care of Alduwaliya Asset Management, an investment firm that has also reportedly sought out office properties in New York City this year. The seller was Chicago-based Nuveen Asset Management.

B&T Daily