MC Real Estate Partners has acquired 110 Chauncy Street, a 76,000-square-foot office property in downtown Boston. The sales price was not disclosed.
In addition to the acquisition, global design firm Sasaki has signed a 64,000-square-foot, 16-year lease at the property. The firm will be the primary occupant of the eight-story building, which will house its 250+ Boston-based employees and the Sasaki Foundation in the top seven floors. Significant base building improvements are also planned for the 1899-vintage property, toward MCRE’s goal of creating a modern class A creative office building ready for a pandemic sensitive world.
Kerry Hawkins of JLL represented the undisclosed seller in the off-market transaction. Bryan Sparkes of JLL represented Sasaki in the lease transaction.