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Monday, October 19, 2026The Morning Brief →Sign in
The Ground FloorThe Wrap

Boston Properties closes 10.6% stake sale in 343 Madison to AVRS Partners

The 46-story Midtown tower is 56% pre-leased and carries $1.2 billion in construction financing, Commercial Observer reported.

By The Wrap DeskMonday, October 19 at 7:44 AM ET

At a glance

15-second brief

  • Boston Properties closed the sale of a 10.6% interest in 343 Madison Avenue to AVRS Partners, our records show.

  • Commercial Observer reported that the 46-story Midtown tower is 56% pre-leased and carries $1.2 billion in construction financing.

  • The report does not disclose the price AVRS paid for the stake.

Boston Properties closed the sale of a 10.6% interest in 343 Madison Avenue to AVRS Partners, our records show.

Commercial Observer reported that the 46-story Midtown tower is 56% pre-leased and carries $1.2 billion in construction financing.

The report does not disclose the price AVRS paid for the stake.

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Sources & further reading
Commercial Observer · our records
In this storyMoinianAVRS PartnersBoston Properties
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