Photo courtesy of Newmark Knight Frank

A REIT managed by Starwood Capital Group has acquired the leasehold interest in a Boston office tower for $194.8 million.

Greenwich, Connecticut-based Starwood Real Estate Income Trust Inc. acquired the 38-story, 911,000-square-foot 60 State St. tower from Toronto-based pension investor Oxford Properties Group and J.P. Morgan Asset Management.

60 State St. anchor tenants include law firm WilmerHale, ad tech specialists Criteo and asset managers Amundi Pioneer and Blackrock. Owners recently completed a new, 3-story Samuel Adams Tap Room overlooking Faneuil Hall Marketplace.

The property includes the State Room event space on floors 33 and 34 and a 240-space parking garage.

Newmark Knight Frank’s capital markets team in Boston oversaw the transaction.

“60 State Street is the beneficiary of significant capital improvements completed in the past five years, resulting in fully-modernized common areas and base building systems as well as brand-new, tenant-exclusive amenities,” Newmark Vice Chairman Edward Maher said in a statement.

Starwood Real Estate Income Trust Inc. invests in stabilized, income-producing properties in the U.S. and Europe.