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Hingham Company Buys Quincy Office Building For $18.2M

Aug 28, 2014 | Reprints | Unlock Link | Print

Jumbo Capital Management of Hingham has acquired 1900 Crown Colony Drive in Quincy for $18.2 million.

The buyer was Arbella Insurance Group. Arbella will continue to partially occupy the 135,800-square-foot building in Crown Colony Park.

JCM has retained Colliers International as its leasing agent for approximately 40,000 square feet of immediate vacancy with sizes ranging from 1,500 to 15,000 square feet.

The acquisition comes on the heels of JCM’s $50 million recent purchase of 100 Crosby Drive in Bedford, which is 100 percent leased to Oracle.

Commercial