Oxford acquires Seaport office for 435M

Oxford Properties Group has purchased the One Marina Park Drive office building in Boston's Seaport District for $435 million, a 10% decline from its pre-pandemic sale price. The 492,000-square-foot, mostly leased property is part of Oxford's broader plan to develop a large mixed-use project in the area, including up to 22 buildings with residential, hotel, laboratory, and office spaces. This acquisition marks Oxford's first major office purchase in nearly a decade.

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