DIVCOWEST PURCHASES 147,751-SQUARE-FOOT OFFICE BUILDING

BOSTON — San Francisco-based DivcoWest has acquired an 11-story, 147,751-square-foot office building located in Boston's Beacon Hill neighborhood. The property is located at 9-11 Beacon St. The seller in the off-market transaction was locally based Nathan R. Miller Properties. Joe Previte of Independence Realty and Christina Tiemann of CBNRT arranged the deal. Frank Petz of Richards Barry Joyce & Partners arranged equity financing. DivcoWest completed the purchase on behalf of its Market Street Capital Partners Fund.