BGI snaps up 55 Seaport Blvd in Boston for $23.5m

15 November 2017

Boston Global Investors has closed on the disposition of 55 Seaport Boulevard in Boston, Massachusetts for $23.5 million. Purchased by Zurich North America, the 13,500 square foot building is fully leased by BGI and Capital One, one of the 10 largest banks in the United States. Built in 2016, the property serves as BGI’s headquarters facility and Capital One’s flagship Seaport District bank and 360 Café. Newmark Knight Frank represented the seller during the transaction. “55 Seaport Boulevard represents an exceptional ‘bite-sized’ investment in one of Boston’s most active development districts,” said Executive Managing Director Matthew Pullen, NKF. “The asset also enjoys strong visibility at the gateway to the Seaport District and across the bridge from Downtown Boston.”

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