Haveland purchases Windsor Building
Haveland Estates LLC said it has purchased the Windsor Building at 38 Chauncy St. in Boston's Downtown Crossing.
The Windsor is a 14-story office building that is currently 74 percent leased, with much of the space occupied by engineering and architectural firms, said Haveland, a Connecticut affiliate of the Rockefeller Group, a New York real estate investment, development, and management company.
The purchase price for the Windsor was $21 million, Haveland confirmed through its public relations firm.
Haveland said it purchased the Windsor with its financial partner, BlackRock Inc., a New York investment firm, from Loeb Partners Realty, a New York real estate company.
Plans include renovations for the building, Haveland said.
BlackRock director Paul J. Tryder added in a statement, "There is a strong indication that the office market in Boston is strengthening with vacancy rates declining and rents for Class A space rising aggressively."
(By Chris Reidy, Globe staff)







