Aug
11
Clarion Partners Severs Ties with Boston Office Assets
ByJohn Hancock Real Estate bought two interconnected office buildings in Boston’s Back Bay for more than $100 million.
535-545 Boylston St., Boston
Boston—For $100.5 million, John Hancock Real Estate has bought the two interconnected 13-story office buildings at 535-545 Boylston St., in Boston’s Back Bay area, John Hancock announced Tuesday. The buildings total 184,000 square feet and are home to a diversified roster of tenants.
The acquisition, according to John Hancock, builds on its commitment to Boston and the Back Bay, where the company currently owns 197 Clarendon and 200 Berkeley and recently announced a $350 million redevelopment at 380 Stuart St. The latter project will involve the construction of a Class A office tower on the site of a nine-story building…
