trending Market Intelligence /marketintelligence/en/news-insights/trending/tza6gg99ro8okjsv6v4bzg2 content esgSubNav
In This List

Report: Brookfield Property Partners lists Boston office tower for sale

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Report: Brookfield Property Partners lists Boston office tower for sale

Commercial real estate company Brookfield Property Partners LP has put the 31-story trophy office tower at 75 State St. in Boston up for sale, the Boston Business Journal reported.

Newmark Knight Frank was tapped to market the property, which could be worth more than $640 million, the publication noted, citing Real Estate Alert.

The building and attached 700-space parking garage cover 1.1 million square feet. The property is leased to Santander Bank, CDM Smith, LPL Financial and L.E.K. Consulting, among other tenants.

Brookfield, which is 51% owner of the property after it sold a 49% stake to Australian pension fund AustralianSuper in 2015, did not comment on the matter, according to the publication.