News: Front Section
Posted: January 5, 2018
Nordblom Company purchases 135 Morrissey Boulevard - the former Boston Globe headquarters
Boston, MA Nordblom Company, in partnership with Alcion Ventures, have purchased 135 Morrissey Blvd. (the former Boston Globe headquarters), a 700,000 s/f building on 16.5 acres.
135 Morrissey Blvd. is near-adjacent to the MBTA’s Red Line JFK/UMass station, and abuts I-93, providing highway access and visibility. First constructed by The Boston Globe in 1958, the property is an enduring icon in this neighborhood of the city.
“We’re excited about our purchase of 135 Morrissey Boulevard, the latest addition to our Boston portfolio,” said Og Hunnewell, partner of Nordblom. “We look forward to working closely with our neighbors and the BPDA, to bring to life our vision of an urban innovation campus - where Boston’s businesses think bigger, act bolder, and move Boston’s ‘next’ economy forward.”
Nordblom Company is a real estate enterprise with a 90-year history of investing, managing and developing properties throughout the New England region and select markets across the country. The company currently owns office, commercial and multi-family properties in the New England and Carolina markets and is committed to creating dynamic work and living environments that further the quality of life for the people who occupy its properties. Headquartered in Burlington, Massachusetts with offices in Boston, Brookline, and Raleigh, North Carolina, Nordblom Company has $1.2 billion in assets under management.
Founded in 2005, Alcion Ventures is a real estate investment manager with extensive experience generating risk-adjusted returns for institutional investors through the active repositioning of assets across property types. Alcion's senior team has worked together for almost two decades resulting in a disciplined, thesis-driven investment strategy that leverages a deep network of relationships and targets seven major North American cities. Based in Boston, Alcion invests on behalf of major U.S. and international institutional investors including public and private pensions, endowment and foundations and high net worth individuals.
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