Boston, MA-July 24th 2007. Synergy today announced their purchase of 133 Portland Street from Edgewood Capital Advisors, LLC. Grubb & Ellis represented the seller and procured the buyer. Karyn McFarland Senior V.P Transaction Services, Noah Hano V.P. Investment Services, and Anthony Biette V.P. Investment Services, were the three Grubb and Ellis representatives involved with the transaction. The sale price was in excess of $6 million.

“133 Portland St is a solid acquisition in an emerging district. This asset will complement our ownership of other assets within the Bulfinch Triangle” says Dympna Minnock, Vice President of Synergy.

“133 Portland is a well located building which is sure to benefit from Synergy’s vision and expertise” says Noah Hano, V.P. Investment Services, Grubb & Ellis.

Constructed in 1888 and renovated in 1988, 133 Portland Street is a 30,000-square-foot, six-story boutique office building located in the Bulfinch Triangle district close to the North Station area of Boston. The area surrounding 133 Portland St is amidst a transformation into a multi-use district offering 24 hour business, retail and entertainment options. It is serviced by excellent public transportation, restaurants, hotels and retail amenities. The recent dismantling of the elevated MBTA, conversion of the Central Artery, and the development of the Rose Kennedy Greenway has enhanced what is already a vibrant Boston location.