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.