FBI Office Tower In Chelsea Sells For $134M
An office tower that's home to an FBI regional office has changed hands.
Dallas-based Allan Bailey Johnson Group acquired the tower at 201 Maple St. in Chelsea, the FBI's local office, for $134M, according to public records. The property's developer, Chelsea-based ACS Development Corp., was the seller in the deal, Banker & Tradesman first reported.
Old National Bank provided $94M in financing for the transaction.
The FBI relocated to the 268K SF property in 2016, moving out of its longtime home at One Center Plaza. The agency made the move to allow for security upgrades and growth, it said.
The General Services Administration, which oversees leases for federal agencies, signed a 20-year lease with the move. GSA picked ACS to develop the project in 2010, but the groundbreaking was delayed until 2014, B&T reported.
The division office serves 10 satellite offices in Massachusetts, Maine, New Hampshire and Rhode Island.
While the building may have been sold, there are no plans for the FBI office to relocate. The same can't be said for the FBI's national headquarters.
In late December, FBI Director Kash Patel announced on X that plans had been finalized to move the agency's national headquarters in Washington, D.C., out of the J. Edgar Hoover Building to space vacated by the U.S. Agency for International Development a few blocks away. Patel did not provide details about the timing or cost of the move.
The FBI first announced its intention to move to the USAID space in July, scrapping plans that had been firmed up in 2023 to relocate the headquarters to Greenbelt, Maryland, a D.C. suburb.
Maryland officials sued in November 2025 in federal court to stop the Trump administration from walking away from its plans in the state. That suit has not yet been resolved.
