DivcoWest, a private real estate investment firm with offices in San Francisco and Boston, has closed on the purchase of four office buildings totaling 373,000 square feet, located in the Fort Port Channel area of Boston’s Seaport District.

The properties were acquired for DivcoWest Fund III, an $870 million fund raised last year. The properties were purchased from a fund controlled by New York-based Brickman Real Estate.  Terms of the transaction were not disclosed. The acquisition brings DivcoWest’s total holdings in the Boston Area to more than 3 million square feet of commercial property assets. Holliday Fenoglio Fowler marketed the properties.

The buildings, all of which are converted warehouse buildings previously used by the Boston Wharf Co. are: 313 and 330 Congress St., a pair of brick buildings totaling 106,000 square feet, constructed in 1890 and extensively renovated in 1984; Harbor Corporate Center, a 106,000-square-foot office building considered to be one of the highest quality ‘brick and beam’ assets in the market; and 51 Sleeper St., a 150,000-square-foot building constructed in 1929 and renovated in 2004. 

"These are all buildings with great bones in a dynamic submarket of Boston that is rapidly growing in its appeal for companies seeking creative workplace environments," Stuart Shiff, CEO of DivcoWest, said in a statement.