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Nordblom Co. Sells Long-Held Boston Property For $51M

Burlington-based Nordblom Co. has sold 50 Congress St. in Boston’s Financial District to California-based KBS Capital Advisors for $51 million. Nordblom owned the building for more than 60 years.

"It is a gem of a building and while the sale is the end of our long association with the property it is another new beginning for the Nordblom Co.," Peter Nordblom, company president, said in a statement.

The office building comprises 179,872 square feet, with ground floor retail.

HFF marketed the property and arranged the sale.

Commercial & Industrial