trending Market Intelligence /marketintelligence/en/news-insights/trending/pAqdEWBkAi_Z_1Uf9ArJJQ2 content esgSubNav
In This List

Blackstone's real estate arm acquires Boston office for $156M

Blog

Debt Ceiling Debate: IR Teams Should Prepare for Potential Market Downturns

Blog

Insight Weekly: Loan-to-deposit ratio rises; inventory turnovers ebb; miners add female leaders

Blog

Insight Weekly: Sustainable bonds face hurdles; bad loans among landlords; AI investments up

Podcast

Master of Risk | Episode 3: Live from the Global Credit & Risk Symposium


Blackstone's real estate arm acquires Boston office for $156M

The Blackstone Group Inc.'s real estate unit paid about $155.7 million for a Boston office property, more than double the price that seller Invesco Real Estate Ltd. paid for it in 2012, the Boston Business Journal reported, citing a Suffolk Country deed.

The 179 Lincoln St. office is a low-rise building spanning 221,474 square feet. The property is 88% leased with tenants including Smartsheet Inc., OUTFRONT Media Inc., XPO Logistics Inc., Mad*Pow and PowerAdvocate, according to the publication.

Blackstone's EQ Office unit will manage the property.