A 10-story medical office building in Boston has been acquired for $36.4 million; substantially less than it was sold for just three years ago, according to a May 28 report from the Boston Business Journal.
The building was purchased by real estate investors Kayne Anderson and Chicago-based Remedy Medical Properties.
It is fully leased to Optum affiliate Atrius Health. In 2021, the 52,000-square-foot property sold for $48 million.
The facility is one of the largest medical office buildings in Boston, housing both primary and specialty care services.