Carr Properties acquires Boston office asset
Carr Properties has acquired 200 State St., a 304,000-square-foot class A office building in downtown Boston, from GLL Real Estate Partners. The acquisition is the company’s second investment in Boston.
GLL Real Estate Partners originally purchased the building in 2008 for $167 million.
The acquisition follows American Realty Advisors and Norges Bank Real Estate Management’s purchase of the 121 Seaport office tower development in Boston for $455 million.