Oxford Properties Pays $435M for Fan Pier Office Tower
Toronto-based Oxford Properties Group said Wednesday it had acquired One Marina Park Drive, an 18-story Class A office tower located on Fan Pier in Boston’s Seaport District, from Clarion Partners for US$435 million. The deal represents Oxford’s first acquisition of a core…
Toronto-based Oxford Properties Group said Wednesday it had acquired One Marina Park Drive, an 18-story Class A office tower located on Fan Pier in Boston’s Seaport District, from Clarion Partners for US$435 million. The deal represents Oxford’s first acquisition of a core…
BELLINGS Intelligence Score: 12
Why it matters
This is a routine commercial real estate acquisition involving a single office tower with no novel financing or structural implications, unlikely to affect broader credit markets or underwriting standards.
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Oxford Properties Pays $435M for Fan Pier Office Tower
Toronto-based Oxford Properties Group said Wednesday it had acquired One Marina Park Drive, an 18-story Class A office tower located on Fan Pier in Boston’s Seaport District, from Clarion Partners for US$435 million. The deal represents Oxford’s first acquisition of a core…