BOSTON – Boston Realty Advisors, the largest Boston-based independent real estate brokerage and consulting company, represented KS Partners in the sale of 85-87 Wendell St. a four-story boutique, stand-alone office property in the heart of the Financial District.
The buyer was 85TBH, LLC, and the price was $1.75 million.
“On behalf of KS partners, Boston Realty Advisors is pleased to announce the sale of 85 Wendell St.,” said Bonny Doorakian, Managing Director and Partner of Boston Realty Advisors.
“This stand-alone 3,620-square-foot building has been attached to the owner’s portfolio of 109-115 Broad St. for many years,” Doorakian said. “Now It has been sold to an owner-user, which is the highest and best use. We couldn’t be more pleased for both the buyer and seller.”
The building is currently configured with single-tenant floors and is blocks from South Station, Post Office Square, Downtown Crossing, and the Leather District, where development and redevelopment projects over the last few years continue to make the area sought-after for live, work, and play.
The property was once known as the John Foster Warehouse Extension and was built in 1848. A Greek Revival style row house of brick and stone, it has been used as a commercial building, restaurant, single-family residence, and warehouse over the years. It is located in Boston’s Custom House District.