Real Estate investment in Boston grows to the four corners of the world with an investment into Pier 4 with Tishman Speyer.
From the Wall Street Journal:
China’s two largest insurance companies are making their first investment in U.S. commercial real estate, buying a majority stake in a $500 million project in Boston…The Boston development includes a 13-story office building and a nine-story condominium tower with 100 units. The project in the city’s popular Seaport District will take up most of Pier 4, which was known for Anthony’s Pier 4, a popular restaurant that was closed two years ago as plans for redeveloping the site progressed.