M
andarin Oriental Retail Collection sold for $83 million in a landmark Boston transaction. JLL Capital Markets, acting for the seller, matched the buyer, The Hennick Group, a private investment firm. The 28,856‑sq‑ft property occupies 772–778 Boylston Street, at the base of the Mandarin Oriental Hotel and the Prudential Center in Back Bay. With 100 ft of Boylston frontage, it enjoys prime visibility and heavy foot traffic from locals and tourists.

    The building is 82.2 % leased. Citizens Bank anchors the space, while luxury linen brand Frette, beauty retailer MiniLuxe, and eyewear boutique Lunette Optic occupy the remaining units. Its proximity to Eataly, View Boston, Fenway Park, the Public Garden, Public Library, and Copley Square fuels steady consumer flow.

    JLL’s seller team—Chris Angelone, Zach Nitsche, Sam Wiesman, and Anthony Cutone—highlighted the transaction as one of Boston’s highest price‑per‑square‑foot retail deals, underscoring the asset’s quality and the upside for The Hennick Group.

    The sale signals sustained demand for high‑traffic, high‑income urban retail corridors, even as the broader commercial market faces challenges. With Boston’s core neighborhoods showing resilience, the acquisition offers The Hennick Group a chance to enhance the property’s prestige and long‑term value.