In July of 2005, Abbey Road Advisors purchased 399 Boylston Street as a joint venture with Rockwood Capital. Abbey Road Advisors was initially attracted to the investment because of the asset’s quality physical construction, superior finishes and outstanding location in a supply-constrained Back Bay submarket of Boston, MA. The challenge was to lease-up the approximately 41,000 square feet of existing vacancy (18% of the building) and manage the impending rollover of almost 140,000 square feet or 60% of the building.