The Church of Scientology of Boston has decided to sell — rather than renovate — the Alexander Hotel on the corner of Mass. Ave. and Washington Street in the South End. The asset was acquired in 2008 for $4.5 million and is no longer large enough to accommodate the church’s needs to in excess of 50K square feet.
A BBJ article notes “the property has not yet been listed for sale, but several developers have already been in touch with the church…A listing broker was not disclosed.”
You can read the Boston Business Journal article on its website.