0 40 Broad St. for Sale

40 Broad Street office building

Photo Credit: Boston Business Journal via Jones Lang LaSalle

The Class B market continues to see assets brought to the sales market. 40 Broad Street, is the latest; it last traded in 2006 for $174.84 PSF and we will see how the market receives it today.

According to a report by Thomas Grillo on the BBJ, “Pearlmark bought the building from Prudential Real Estate Investors in 2006 for $50 million. Brokers say the sale could fetch twice that.”

Details on the property are available on the Boston Business Journal.

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