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451 D Street - Other Property
Boston, MA

Acquired 477,000 SF converted industrial building in Boston’s burgeoning Seaport District in 2014, offering unique opportunity to reposition asset located in next path of growth. Strategy involved cosmetic upgrades, lobby renovations and market repositioning. Key initiative was creation of curated tenant lounge offering community programming and engaging social environment among tenants. At acquisition, property was 82% leased with below market rents. 451 D Street was sold in May 2018, 94% leased, generating significant profit on investment.

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