Landmark Center is sold for $530.5m

February 1, 2011 02:16 PM E-mail| |Comments ()| Text size +

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The Abbey Group said today that it has sold Landmark Center, an office and retail complex near Fenway Park, for $530.5 million.

The buyer is a joint venture between JP Morgan Investment Management Inc. and Samuels & Associates, said the Abbey Group, a Boston real estate company.

Cushman & Wakefield, a real estate firm, represented the seller and procured the buyer in the transaction.

Tenants at Lanmark Center include Blue Cross Blue Shield, Harvard School of Public Health, Harvard Medical School, Regal Entertainment Group, Bed Bath & Beyond, and Best Buy, the Abbey Group said.

A Globe story in November noted that the Abbey Group was close to reaching deal. That story noted that the Abbey Group spent $115 million renovating the former Sears, Roebuck & Co. warehouse into the Landmark Center in the 1990s.

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