Boston-based Beacon Capital Partners has sold Canal Park, a three-building office complex in the Lechmere section of Cambridge, to a fund managed by Intercontinental Real Estate of Boston.

The purchase price was $304 million, according to data compiled by The Warren Group, publisher of Banker & Tradesman. JP Morgan Chase granted a $92 million mortgage.

The buildings contain a combined 425,730 square feet of office and retail space, including the recently-expanded offices of online marketing company Hubspot. In December, Hubspot leased 60,000 square feet two floors at 2 Canal Park while extending its lease at 25 First St. Philips Research Americas relocated to 2 Canal Park in 2015 as part of a five-year research partnership with MIT.

The acquisition was completed on behalf of Intercontinental’s U.S. Real Estate Investment Fund, which invests in a variety of commercial properties nationwide.

“This investment represents every characteristic we seek in a ‘core’ investment: primary market, high quality construction, transit friendly location, and high quality occupancy,” Intercontinental CEO Peter Palandjian said in a statement. “Plus, this investment is directly in our ‘backyard.’ We have invested successfully in Cambridge going back five decades.”