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Bunker Hill Business Center Sold For $14.7M

Sep 28, 2015 | Reprints | Unlock Link | Print

New Canaan, Connecticut-based Cambridge Hanover Inc. has sold the 52,944-square-foot Bunker Hill Business Center.

The property, at 440 Rutherford Ave. in Boston’s Charlestown neighborhood, was purchased by Center Court Partners LLC of Dedham for $14.7 million.

Texas-based Lone Star Funds’ LSTar Capital Finance Inc. unit provided a $10.5 million mortgage, according to a Suffolk County Registry of Deeds filing.

Colliers’ Scott Dragos, Doug Jacoby, Tony Hayes and Tim Mulhall represented the seller. Colliers’ Kevin Phelan and Jeff Black led the debt placement team.

Commercial & Industrial