Akelius’ $18 Million Acquisition Of Boston Seaport Property


Nixon Peabody International LLP advised Akelius Real Estate Management LLC on the deal.

Akelius Real Estate Management LLC has completed its $18M purchase of a commercial building in Boston’s Seaport District, further expanding the company’s presence in Boston’s real estate market.

The property, located at 40 Channel Center Street, has several office tenants as well as a restaurant on the ground floor. Akelius plans to eventually occupy a portion of the building for its Boston office.

Akelius Real Estate Management Ltd. provides real estate management services. The Company offers a wide range of services such as renting, buying, selling, and appraising real estate properties.

Nixon Peabody’s deal team was led by Boston housing and real estate partner Chris Froeb (Picture) and associate Christina Ricotta.

Involved fees earner: Christopher Froeb – Nixon Peabody LLP; Christina Ricotta – Nixon Peabody LLP;

Law Firms: Nixon Peabody LLP;

Clients: Akelius Real Estate Management LLC;

Author: Ambrogio Visconti