Monday, May 14, 2007

Archon sells 281 and 321 Summer

http://www.cpnonline.com/cpn/specialties/article_display.jsp?vnu_content_id=1003583806

Normandy Real Estate Partners has bought a pair of buildings in Boston totaling 257,700 square feet for about $73 million. The two structures, 281 and 321 Summer Street, are office and retail buildings in the South Boston Waterfront District of Boston.

281 Summer Street dates from 1910, and underwent a renovation completed last month. The renovation included combining 281 Summer Street with an adjacent building, along with the creation of a new formal lobby and elevators. 321 Summer Street was originally built in 1911 and was renovated in 2001....

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