News: Front Section
Posted: November 4, 2022
Coldwell Banker completes sale of $19.5 million office building at 581 Boylston St. in Boston
Boston, MA Coldwell Banker Commercial Realty facilitated the sale of 581 Boylston St., a 40,000 s/f, eight-story office building with ground floor retail space positioned in the Back Bay shopping district. The sales price was $19.5 million.
“This was a rare opportunity to buy a notable vintage property, The Wesleyan Building, in a class A location. The Boylston St. property is across the street from Copley Plaza and adjacent to the Boston marathon finish line,” said Todd Glaskin of Coldwell Banker. “The office suites boast incredible views of Copley Sq., the Old South Church and the gorgeous Boston Public Library. The Copley stop on the MBTA Green Line is steps away. The retail is some of the best in all of Boston.”
The Wesleyan Building, constructed in 1912 and renovated in 1987, offers ground-floor retail space just a short distance from the Boston marathon finish line. Typical floor plates are approximately 4,500 s/f.
Glaskin and Gregg Leppo of Coldwell Banker procured the buyer, a local investor. The seller was a private investor.
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