$224 Million Boston Disposition

On April 8, 2016, Higgins & Brancheau LLC completed a $224 million New England property sale for one of our office building clients. The property consists of a six-building office portfolio and a surface parking lot in a major metropolitan area. We represented the seller and its pension fund partner. Our tasks included contract negotiation, loan payoff negotiation, title clearance, negotiating and obtaining estoppel certificates, and completion of the closing process. Less than one month elapsed between the signing of the letter of intent and the closing.