DivcoWest and Boston-based Synergy Investments have completed their purchase of 71, 77 and 87 Summer St., a three-building office portfolio located in downtown Boston totaling 90,000 square feet of space.

The purchase price was $31.5 million, according to the Suffolk Registry of Deeds.

DivcoWest, which is headquartered in San Francisco, has been on a buying spree in Greater Boston as it pursues its strategy of acquiring office space in tech-oriented commercial real estate markets across the U.S. Earlier this year, it acquired the 114,240-square-foot One Winthrop Square in Boston and the 670,000-square-foot One Kendall Square complex in Cambridge.

Synergy’s downtown holdings include 101 Summer St., 99 Chauncy St., 100 Franklin St. and 294 Washington St.

Summer Street Portfolio Acquired By DivcoWest And Synergy

by Banker & Tradesman time to read: <1 min
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