Asset: Office
Location: Boston, MA
SF: 110,000 SF
Acquisition date: June 2026
Investment Rational: 250 Summer Street is a 110,000 SF first-class brick-and-beam office building located at the gateway of Boston’s Seaport District, directly across from South Station, in one of the city’s most dynamic submarkets.
We are acquiring this institutionally owned and maintained property at a price comparable to its 2010 trade, representing a significant discount to prior valuations and an attractive entry basis in a prime waterfront location with meaningful upside potential.
The investment offers multiple paths to value creation, including lease-up of existing vacancy, mark-to-market rents, and recovery in capital markets, supported by a low basis in a high-barrier-to-entry location.