News

Boston U Sells Theater, Other Properties For $25M

Cryptic C62

Boston University sold its 890-seat theater and two adjoining properties at 246, 252 and 258 Huntington Ave to QMG Huntington LLC for $25M.

Proceeds from the sale will be reinvested in a new performance space on the school's Charles River campus, the Boston Business Journal reports. The Huntington Avenue theater complex was built in 1925 and BU has owned it since the 1950s. No word on what the new owner plans. [BBJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Boston Newsletters
Related Stories

Lone Star Seeks 58% Uplift In Under 3 Years With £175M UK Mall Sale

Energy Company Opens 125K SF Newton Office: The Boston Deal Sheet

Furniture Outlet The Dump Is Getting Dumped In Atlanta

Simon Approaching End Of The Road With Struggling Suburban Boston Mall

Chipotle Adding Hundreds Of New Locations Worldwide

Stockdale Capital Partners, Hamilton Lane Acquire Chino Hills Shopping Center For $157M

Bucks County Mall Closing As Owners Prepare Redevelopment Plans

Wu Proposes Tax Breaks To Jump-Start Stalled Housing Projects

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Davis Looks To Sell 16-Building Beacon Hill, Back Bay Portfolio

Starbucks Spending $1B To Turn Cafés Into Community Lounges

Healey's New Data Center Rules Make Massachusetts A Tough Sell For Developers