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Suffolk University sells Fenton Building on Beacon Hill for $15M

From Banker & Tradesman:

Suffolk University has sold its six-story Fenton Building on Beacon Hill for $15 million.

The buyer was 32 Derne Street LLC, an affiliate of Brookline-based Derne Street Partners.

The university plans to move classrooms and administrative offices that were located in the 47,480-square-foot Derne Street building to other parts of campus this summer and eventually to the new $62 million 20 Somerset building under construction.

No word on what the new owners plan to do. But we have a two-word suggestion: Condos, please.

Here’s our past post on the Fenton Building.