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Downtown Boston Office Sells for 71% Discount on 2019 Price

An 11-story office building in downtown Boston has sold for $30 million, representing a 7% discount and a major loss for the owner that paid $103 million in 2019, the Boston Business Journal reported.

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Summary

Atlanta-based Jametown traded the property at 18 Tremont St.

An 11-story office building in downtown Boston has sold for $30 million, representing a 7% discount and a major loss for the owner that paid $103 million in 2019, the Boston Business Journal reported. Atlanta-based Jametown traded the property at 18 Tremont St., between Boston Common and City Hall, to an affiliate of locally based...

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