Boston's Tallest Building, Blue-Glass Hancock Tower, Sold To New York Group In $3.3B Package

Date: 30 December 2006

Boston's tallest skyscraper, the John Hancock Tower, was sold to a New York real estate firm as part of a $3.3 billion deal for a package of buildings in four cities.

Beacon Capital Partners LLC sold the 60-story tower and nine smaller properties to Broadway Real Estate Partners LLC, Broadway announced Thursday.

The privately held company did not specify the price of individual buildings, but The Boston Globe quoted sources as saying the Hancock Tower and two smaller nearby buildings went for $1.3 billion.

The 790-foot blue glass Hancock Tower is one of Boston's most recognizable landmarks. It was designed by famed architect I.M. Pei and completed in 1976. The sale package also included the Citigroup Center in Los Angeles, the Bank One Tower in Denver and 2445 M Street in Washington.

“This is a significant group of marquee properties in highly desirable markets,” said Scott Lawlor, Broadway's founder and chief executive.

Read the entire news on the source link below.

600450

Signonsandiego.com

2006-12-30T12:00:00

Boston's Tallest Building, Blue-Glass Hancock Tower, Sold To New York Group In $3.3B Package glassonweb.com

See more news about:

Architecture Glass Towers

WhatsApp LINKEDIN FACEBOOK X PRINT MORE

Others also read

MORE...

Architecture Billings Stabilize After Nearly Two Years of Decline

For the first time in 20 months, architecture billings have reached a point of stability, according to the October AIA/Deltek Architecture Billings Index (ABI), which posted a score of 50.3.

Solarban® 90 Glass Atrium and Windows Daylight Children's of Mississippi Hospital

Mississippi’s first dedicated children’s hospital, the Sanderson Tower, combines advanced care and modern design with Vitro’s Solarban® 90 glass for a bright, welcoming space.

UAE Leaders and Global Experts Headline Big 5 Global and LiveableCitiesX Summits on Future Urban Development

Big 5 Global and LiveableCitiesX Summits to Feature Top Leaders in Urban Development

Dubai Municipality, Abu Dhabi Projects & Infrastructure Centre, Department of Municipalities & Transport, Expo City to headline summits at Big 5 Global and LiveableCitiesX

Boulder Community Health Center West Medical Building: Five Years of Guardian Hybrid Vacuum IG™ Success

Guardian Glass’ collaboration with Boulder Associates led the architecture firm to specify Guardian Hybrid Vacuum IG™ windows.

Architecture Forum at Glasstec 2024

Sustainable building and innovative building skins in focus

Experience Spectacular Curved Glass Designs with evguard® - Soho Place, London, UK

Soho Place represents a monumental urban development that leverages the introduction of Crossrail to enhance the extensive transformation of the eastern end of Oxford Street.