Shorenstein Properties is planning to purchase Seaport Center in Boston from The Beal Cos. and Rockpoint Group, according to sources close to the pending deal.
While Banker & Tradesman could not independently confirm the price tag, the Boston Herald reports it will be $110 million.
News of the pending sale comes just two months after another deal for the building fell out of bed. The owners had the property under contract with New York firm Rabina Properties for upwards of $115 million, according to industry insiders.
Click here for Banker & Tradesman’s coverage of the failed deal.