Synergy Adds to Boston Portfolio
Synergy Investment & Development has purchased a 96,000-square-foot building in Boston's Downtown Crossing district for $12.8 million.
"In its 66 years in Downtown Boston, 99 Chauncy St. has had a long history of sustained occupancy, making it an attractive investment for clients seeking long-term, stable cash flow," said Mike Edward, managing director and executive vice president of Grubb & Ellis in Boston. "Adding to its attractiveness, the property is located in an area with amenities to suit nearly everyone."
This article originally published by Banker & Tradesman on Wednesday, August 17, 2011. Download PDF of complete article.