Cases & Deals

Blackstone Group and affiliate Equity Office Properties sell 175 Federal Street in Boston for $139 million

Clients Blackstone Group, The

Jones Day represented The Blackstone Group and its affiliate Equity Office Properties in connection with the $139 million sale of the 17-story, 227,365-square-foot, Class A office property at 175 Federal Street in Boston, Massachusetts, to Deka Immobilien Investment GmbH, a German limited liability company based in Frankfurt, Germany. The building, more commonly known as the Fiduciary Trust Building, is located in Boston's central business district, directly opposite South Station, which is the city's most important transit hub after the airport.

Jones Day advised the seller in all aspects of the transaction, including pre-solicitation matters, negotiation of the purchase agreement, and closing matters.