News: Front Section
Posted: October 14, 2022
Boston Realty Advisors represents KS Partners in $1.75m bldg. sale
Boston, MA Boston Realty Advisors represented KS Partners in the sale of 85-87 Wendell St., a four-story boutique, stand-alone office property in the Financial District of the city.
The buyer was 85TBH, LLC, and the sale price was $1.75 million.
“On behalf of KS partners, Boston Realty Advisors is pleased to announce the sale of 85 Wendell St.,” said Bonny Doorakian, managing director and partner of Boston Realty Advisors.
“This stand-alone 3,620 s/f building has been attached to the owner’s portfolio of 109-115 Broad St. for many years,” Doorakian said. “Now it has been sold to an owner-user, which is the highest and best use. We couldn’t be more pleased for both the buyer and seller.”
The building is currently configured with single-tenant floors and is blocks from South Station, Post Office Sq., Downtown Crossing, and the Leather District, where development and redevelopment projects over the last few years continue to make the area sought-after for live, work, and play.
The property was once known as the John Foster Warehouse Extension and was built in 1848. A Greek Revival style row house of brick and stone, it has been used as a commercial building, restaurant, single-family residence, and warehouse over the years.
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