The Blackstone Group Inc. is set to buy an approximately 221,000-square-foot office building at 179 Lincoln St. in Boston for $156 million, IPE Real Assets reported, citing unnamed sources.
The seller is Invesco Real Estate Ltd., which bought the 88%-occupied property in 2012 for $75 million, according to the report. Closing is expected in the near future.
The news outlet could not get a comment on the matter from the private equity giant.