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Rockefeller Group, Mitsubishi Estate New York JV sells Boston office for $418M

Rockefeller Group U.S. Premier Office Fund LP's joint venture with Mitsubishi Estate New York sold the class A 28 State St. office building in Boston to an unnamed domestic institutional investor for about $418 million.

The 95%-let property stands 40 stories tall, according to TA Realty LLC, which arranged the sale and extended asset management and advisory services to the partnership.

The property features office space on about 572,000 square feet and retail space on 7,000 square feet.