Boston, MA The class B office building located at 190 High St. in the city’s Financial District has been sold for $6.2 million. Boston City Group, Inc. (BCG) brokers Caroline Ligotti, Emily McGranaghan and Linda Redeker, now of Coldwell Banker, represented the seller and procured the buyer. The building was sold by longtime owner KFDA to LDJ Development LLC.
Originally constructed in 1899, 190 High St. is comprised of 14,868 gross s/f and 12,744 rentable s/f. It is a 6-story blonde brick facade structure with original pine floors, 2,040 s/f floor plates, exposed brick, and systems that have been updated through the years to include an elevator serving each floor. Situated across from International Place, and one building off of the Rose Kennedy Greenway, the building is 5 minutes walking distance from South Station and near multiple other MBTA Subway Stations.
The building has housed KFDA’s business on 2 floors since the late 1970s, and served as home to various office tenants on floors 2-6, along with the first floor tenant Mike’s Restaurant.
BCG is a veteran commercial brokerage team with Coldwell Banker, specializes in brokering and sourcing off-market commercial and multi-family investment and development opportunities in the greater Boston area and New York, representing private investors, family offices and professional and institutional firms on both purchase and sale assignments.
The BCG team also brokered the sale of 268-274 Friend St. aka Hilton’s Tenant City Building, in the city’s North Station Area; 288 Commonwealth Ave., a 5-unit multi-family building in Back Bay; North Pointe Apartments, a 74-unit complex in Hanover, Mass.; and 244 Washington Place, a 38-unit multi-family building in North Easton, Mass.