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Sun, Nov 27
A Compendium of Property & Capital News
Nov 27

Glaskin/Leppo of Coldwell Complete $19.55M Office Trade in Back Bay Boston

October 21, 2022
581 Boylston St., Boston MA

BOSTON — Coldwell Banker Commercial Realty has facilitated the sale of 581 Boylston St., a 40,000-plus square-foot, eight-story office building with ground-floor retail space in the premier, Back Bay shopping district. The historical Wesleyan Building traded for $19.5 million.

“This was a rare opportunity to buy a notable vintage property, The Wesleyan Building, in a class-A location. The Boylston Street property is across the street from Copley Plaza and adjacent to the Boston marathon finish line,” confirmed Todd Glaskin of Coldwell Banker Commercial Realty. “The office suites boast incredible views of Copley Square, the Old South Church and the gorgeous Boston Public Library. The Copley stop on the MBTA Green Line is steps away. The retail is some of the best in all of Boston.”

The Wesleyan Building, constructed in 1912 and renovated in 1987, offers ground-floor retail space just a short distance from the Boston marathon finish line. Typical floor plates are approximately 4,500 square feet.

Glaskin and Gregg Leppo of Coldwell Banker Commercial Realty procured the buyer, a local investor.