OFFICE CONDO SPACE PURCHASED AT 185 DEVONSHIRE

BOSTON — Boston-based Suffolk Devonshire LLC has acquired 75 percent of the space within 185 Devonshire Street, an 80,000-square-foot office condo building located in Boston’s Financial District. The seller, Coral Gables, Fla.-based Bayview Financial, had already sold 25 percent of the space in the building as office condos prior to the transaction with Suffolk Devonshire. The buyer plans to lease the condos, which range from 1,000 to 6,000 square feet, to office users with the option to buy or sell them at up to 50 percent reduced prices. Suffolk Devonshire has selected NAI Hunneman Commercial to provide sales and leasing services for the building. Bayview Financial acquired the building in 2005 and recently completed an extensive renovation. The building was originally constructed in 1914.