画像の出所:https://commercialobserver.com/2024/06/tpg-101-franklin-street-100-million/
New York-based investment firm TPG has acquired a 12-story office building located at 101 Franklin Street in Boston for $100 million. The building, which spans 200,000 square feet, was previously owned by a joint venture between Ares Management and Davis Companies.
TPG, which manages over $91 billion in assets, plans to make significant improvements to the property in order to attract more tenants. The firm believes that the central location of the building, as well as its proximity to public transportation, will make it a desirable option for companies looking for office space in Boston.
The acquisition of 101 Franklin Street is just the latest in a series of real estate investments made by TPG in the Boston area. The firm has been actively expanding its presence in the city in recent years, and this latest purchase is a testament to its confidence in the local real estate market.