Brookfield Asset Management is the winner of a bidding war for a 152,102-square-foot office building in Boston’s Fort Point.

The Toronto-based asset manager paid $91 million for 51 Sleeper St., which was previously acquired by TIAA-CREF for $60.2 million in 2013.

HFF Boston represented the seller in last week’s transaction.

Currently 71 percent leased, the property has average rents of just under $40 per square feet. Recent leases include artificial intelligence software firm Neurala, which leased 8,487 square feet in 2017, and craft brewer Hopsters, which leased 6,000 square feet of ground-floor space.

Seaport Office Property Acquired by Brookfield After Bidding War

by Steve Adams time to read: <1 min
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