NEW BOSTON FUND SELLS OFFICE PORTFOLIO

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EAST HARTFORD AND GLASTONBURY, CONN. — New Boston Fund has sold the East Portfolio, a four-building office portfolio totaling 294,262 square feet. Three of the buildings are located in East Hartford; Riverbend Executive Park comprises two four-story office buildings that total 154,629 square feet, and are located at 55 and 77 Hartland St. The third property is a four-story, 40,812-square-foot office building located at 60 Hartland St. The final building in the portfolio is a five-story, 98,821-square-foot office building located at 655 Winding Brook Dr. within Salmon Brook Corporate Park in Glastonbury. The portfolio was 98 percent leased at the time of closing to a tenant roster that includes Computer Sciences Corp., IKON Office Solutions, Wells Fargo Financial, Affiliated Computer Services and Mutual of Omaha Insurance Co. The portfolio was acquired by NPV/Direct Invest for an undisclosed amount. New Boston Fund was represented by Robert Griffin, Marci Loeber, David Pergola, Brian Doherty and Robert Kelly of Cushman & Wakefield.

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