Transactions - APRIL 14, 2017

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Recent commercial real estate transactions

by Andrea Waitrovich

Transactions reported this week included the sale of an office in Boston.

Shorenstein Properties has sold Center Plaza, a 741,200-square-foot mixed-use asset in downtown Boston. Synergy Investments, a Boston-based real estate owner and investor, and GreenOak, an international real estate investment and lending firm, have jointly purchased Center Plaza for $365 million.

Another high-priced sale this week was Urban Edge Properties, which acquired a seven-property portfolio of retail assets for $325 million. The portfolio was 83 percent leased at the time of sale.


Buyer Seller Property name Location Size Price (m)

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