0 Seaport Office Trades Set the Market

22 Boston Wharf Road building

Credit: Banker and Trademan

Seaport trades continue to set the high water mark with Berkeley disposition of the Stillings Street garage and 22 Boston Wharf Road.

From B&T

A Maryland real estate adviser that manages a $7-billion pension fund’s portfolio has made the latest in a series of big investments in Boston’s Fort Point neighborhood, acquiring four parcels for $162.5 million from Boston-based Berkeley Investments Monday. The latest purchases include the 580-space Stillings Street garage and 55,095-square-foot office building at 22 Boston Wharf Road, which sold for $86.5 million. Berkeley is proposing to add two floors of office space totaling 50,000 square feet…Other transactions include 17-31 Farnsworth St. for $44 million, 12 Farnsworth St. for $30 million and a parking lot at 11 Sleeper St. for $2 million.

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