An office building poised for a residential conversion has sold once again.
The six-story South End office building at 95 Berkeley St. sold to an affiliate of New York-based investment manager Aden Capital Management on Thursday, according to deed records. The firm acquired the building from Los Angeles-based CIM Group, the Boston Business Journal reported.
CIM Group filed plans to turn the office building into 92 apartment units in April, with 18 of the units designated affordable. The units will take up 80K SF, with the rest of the 98K SF building dedicated to ground-floor retail.
Source: South End Office Building Set For Multifamily Conversion Sold For $24M