This Fenway office and lab property sold for $270M
By Catherine Carlock Real Estate Editor, Boston Business Journal
California-based IQHQ Inc., the recently renamed real-estate firm that’s partnering on the development of Fenway Center, has bought an office and lab property on Brookline Avenue near to the future project site.
IQHQ Inc. — which was founded as Creative Science Properties — acquired 109 Brookline Ave. in Boston from Equity Commonwealth (NYSE: EQC) for $270 million. The acquisition and rebranding comes on the heels of IQHQ raising a $770 million funding round, led by investment banker Raymond James.
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