Large Boston Office Sale

One of the largest office sales in Boston history unfolded last week. On Friday, Boston’s high-profile John Hancock Tower and two adjacent buildings were sold for roughly $1.3 billion. New York-based real estate firm Broadway Partners bought the properties from Boston-based Beacon Capital Partners LLC.

According to Broadway Partners, the acquisition was part of a $3.3 billion buying spree that snapped up 10 properties throughout the nation. The sale was reported in the Boston Globe last Saturday.

In 2003, Beacon Capital Partners spent $910 million for the Hancock Tower. Until recently, that stood as a record sale price for a Boston office tower.

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