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RREEF Property Trust Acquires 50 Staniford St. for $123.3 Million

Equity Residential Sells Beacon Hill-Area MOB
By LaShawnda Sharp
May 1, 2015 | 11:47 P.M.

RREEF Property Trust, Inc., the New York City-based, non-traded REIT sponsored by Deutsche Asset & Wealth Management (formerly RREEF Real Estate), purchased 50 Staniford St. in Boston from Equity Residential for $123.3 million, or approximately $638 per square foot.

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