San Francisco-based Shorenstein Properties has completed the purchase of the 461,046-square-foot Seaport Center at 451 D St. in Boston’s Seaport District.
Shorenstein made the purchase for a reported $110 million on behalf of Shorenstein Realty Investors Ten LP, a commingled fund formed in 2010 with $1.23 billion of capital. The seller was a partnership between The Beal Companies and Rockpoint Group.
Built in 1909 as a wool warehouse, the nine-story building has since been extensively renovated and is 88 percent occupied. Major tenants include the Boston Herald, JP Morgan Chase, Monster Worldwide and Verizon.





