# Rockpoint reclaims Downtown Boston office lost to foreclosure

> Rockpoint Group buys back Boston office after foreclosure auction.
- Title: Rockpoint reclaims Downtown Boston office lost to foreclosure
- Summary: Rockpoint Group buys back Boston office after foreclosure auction. Rockpoint Group repurchased a Downtown Boston office building at a foreclosure auction for…
- Keywords: rockpoint, boston, foreclosure, downtown boston, office building, foreclosure auction, real estate, business, reclaims, Downtown, office, lost
- Source: The Real Deal — https://therealdeal.com/national/boston/2026/10/29/rockpoint-retakes-downtown-boston-office-lost-to-foreclosure
- Author: TRD Staff
- Published: 2026-10-29T18:30:00+00:00
- Read time: 1 min
- Topics: rockpoint, boston, foreclosure, downtown boston, office building, foreclosure auction, real estate, business
## Rockpoint Group repurchases Boston office
Rockpoint Group repurchased a 32-story Downtown Boston office building at a foreclosure auction for $260 million.
## Property details and lease status
The 1.3-million-square-foot building is 72% leased to tenants including SimpliSafe, Ironwood Pharmaceuticals, and Massachusetts Trial Court.
## Financial context and discount
Rockpoint bought the property in October 2019 for $806 million, now repurchasing it at a 68% discount from that price.
## Auction significance and market trends
The auction was Boston's largest office building foreclosure sale in a decade, with trophy space reaching a two-year high of $105.02 per square foot.
## Key takeaway

Rockpoint Group repurchased a Downtown Boston office building at a foreclosure auction for $260 million, marking a 68% discount from its 2019 purchase price.