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CBRE/NE Brokers $30.1M Sale of Mixed-Use Building in Downtown Boston

Old-City-Hall-Boston-MA

Synergy Investments has acquired the Old City Hall building in downtown Boston for $30.1 million.

BOSTON — CBRE/New England has arranged the sale of the leasehold interest of Boston’s Old City Hall, an 83,700-square-foot mixed-use building located at 45 School St. in downtown Boston. Synergy Investments acquired the property for $30.1 million. Constructed between 1862 and 1865, the building was renovated in 1970 by the seller, Architectural Heritage Foundation, after being vacated by the City of Boston in the mid-1960s. Dave Pergola and Brian Doherty of CBRE/NE represented the seller and procured the buyer in the deal.

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