Minnesota insurer OneBeacon has sold its Canton office building to Boston-based Andes Capital for $58 million.

The transaction was financed with a $38.2 million mortgage from Wells Fargo Bank.

Built in 1985, the property at 150 Royall St. contains 267,103 square feet of office space on a 20-acre lot. Engineering firm Shaw Group leased 188,000 square feet in the building in 2011 after OneBeacon reduced its workspace.

The office park overlooking Route 128 also is home to the corporate headquarters of Reebok, Dunkin’ Donuts and Boston Mutual Life Insurance Co.

Andes Capital has acquired various commercial and multifamily properties in the Boston suburbs in recent years, including the Zero Penn Street apartment complex in Quincy, Ledgemont Center office and lab park in Lexington and Presidents’ Place office complex in downtown Quincy. The company also owns properties in Argentina and Colombia.