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Office Properties Income Trust sells 2 office buildings

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Office Properties Income Trust sells 2 office buildings

Office Properties Income Trust sold two office buildings for a combined $21.9 million, exclusive of closing costs.

The properties sold were the 121,711-square-foot, six-story building at 138 Delaware Ave. in Buffalo, N.Y.; and the 287,037-square-foot, three-story vacant building at 111 Powdermill Rd. in Maynard, Mass.

The proceeds are earmarked for general corporate purposes, including the repayment of outstanding amounts on the office real estate investment trust's unsecured term loan.