350 Washington St. in Boston's Downtown CrossingA 150,000-square-foot building in Boston’s Downtown Crossing neighborhood has sold for $128 million.

Located in the heart of the city’s main shopping district, 350 Washington St. is the flagship Boston location of TJ Maxx, Marshalls, H&M and Town Sports International. The three-story building was built in 1965 and extensively renovated in 2000.

The CBRE team of Chris Angelone, executive vice president/partner; Bill Moylan, executive vice president/partner; Jim Koury, executive vice president/partner; Nat Heald, vice president, and Josh Klimkiewicz, vice president, represented the seller Real Estate Capital Partners and procured the buyer Invesco Real Estate Advisors. Additionally, CBRE has been retained as the exclusive leasing agent and property manager for the asset.

"We are pleased to have represented Real Estate Capital Partners in this transaction," said Angelone. "I am certain that Invesco Real Estate Advisors will continue the legacy of success that comes with owning prime retail in one of Boston’s highest traffic retail locations."

Downtown Crossing Retail Building Fetches $128M

by Banker & Tradesman time to read: 1 min
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