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Lender to landlord: Starwood affiliate scores winning bid for Boston office building

Commercial mortgage REIT steps in to help stabilize former WeWork property
The Park Square Building in Boston's Back Bay neighborhood has lost some of its largest tenants over the past few years. (CoStar)
The Park Square Building in Boston's Back Bay neighborhood has lost some of its largest tenants over the past few years. (CoStar)
CoStar News
March 26, 2026 | 6:39 P.M.

A Starwood Property Trust affiliate is swapping hats after closing a deal to purchase a distressed Boston office building, shifting the real estate investment trust's role from lender to landlord.

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