Boston Has Largest Office Building Sale in U.S.

For the first time since the famous real estate crash  Blackstone Group LP has agreed to sell five office properties in Boston to a venture led by Toronto-based Oxford Properties Group for about $2.1 billion.The sale is Blackstone’s largest of U.S. office properties since the real estate market crash. The sales price of about $2.3 billion for the six Boston assets was in line with its target for total proceeds of about $2.5 billion.

The card index department

The card index department (Photo credit: Boston Public Library)

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MAXWELL@BOSTONLUXE.COM • CELL: (617) 543-7754 • OFFICE: (617) 267-4600 Maxwell Burke began his real estate career nearly 20 years ago doing appraisals with his father in Southern California and Northern Texas. He grew up in a family environment so oriented towards investment and real estate that to call his upbringing entrepreneurial would be a disservice. From his grandfather's multiple developments ranging from British Columbia down into Southern Mexico to his uncle's holdings in Portland, Oregon, Maxwell has been given a view not just of Boston real estate, but of American real estate. Maxwell and Drew Abysalh met in 2009 and increasingly consolidated their business models together culminating in their partnership in 2011. With over 300 real estate deals under his belt ranging from a standard rental to a $1.5 million condo conversion, Maxwell is a tremendous resource to help you realize your real estate dreams. Welcome to Boston Luxe - it's a pleasure to meet you. Google