BOSTON—Boston took up 3 positions in the country’s top 50 commercial real estate sales deals of 2019, according to a report from CommercialCafe, a nationwide commercial real estate listings platform and a part of Yardi Systems.
The biggest deal of the year in Boston was the acquisition of 100 Summer Street, which landed in 6th place in the top 50, and also took 4th spot in the regional top 10 list. The 1 million-square-foot building was bought by Rockpoint from EQ Office for $806 million – roughly $779 per square foot.
Sales of offices in CBD locations have the largest share within the Northeast top 10, with roughly 7.4 million square feet contributing 73% of the total square footage, according to the report.
Overall, California, New York and and Washington dominate the top 50. The biggest deal of the year was Google’s $1 billion acquisition of Yahoo’s former headquarters in Sunnyvale, Calif.
Here is the list of top 50 deals as provided by CommercialCafe:
Top 50 Office Deals of 2019