FoxRock Properties Buys Quincy Office Building

The firm acquired the Crown Colony Drive property for $5.5 million as tenant Arbella Insurance prepares to relocate.

Updated on Oct. 23, 2026 in Commercial

Screen-print poster illustration of a generic mid-rise office building facade surrounded by trees, reflecting a suburban real estate acquisition. — FoxRock Properties finalized the $5.5 million purchase of 1100 Crown Colony Drive in Quincy as part of a strategic mixed-use redevelopment. AI Illustration. Upload story photo >

Live Poll

Is now a good time to invest in local commercial office properties?

FoxRock Properties has finalized its purchase of the office building located at 1100 Crown Colony Drive in Quincy for $5.5 million. The acquisition comes as tenant Arbella Insurance prepares to move its operations to the adjacent building at 1200 Crown Colony Drive.

Why it matters

The deal reflects ongoing changes within the Crown Colony Office Park, where city-approved zoning changes now allow for mixed-use development. This shift is facilitating transitions from traditional office use to new residential projects in the area.

FoxRock Properties purchased the 1100 Crown Colony Drive site for $5.5 million, significantly lower than the $25.5 million W.P. Carey paid for the building in 2013. The site is part of a broader Crown Colony Office Park where other transactions include the $6 million acquisition of 1200 Crown Colony Drive.

The players

FoxRock Properties

A real estate investment firm that maintains a portfolio of approximately 5 million square feet of space.

Arbella Insurance

An insurance company that is transitioning its operations to a new 178,000 square foot lease within the office park.

Atlantic Development

A real estate developer that purchased 1600 Crown Colony Drive and plans to construct a 315-unit active adult community.

The details

The purchase of the 1100 Crown Colony Drive property was formally recorded on October 21. Arbella Insurance, currently occupying space in the park, has already signed a 178,000 square foot lease for the neighboring 1200 Crown Colony Drive building.

UBS purchased 400 Crown Colony Drive for $18 million in 2005.
W.P. Carey purchased 1100 Crown Colony Drive for $25.5 million in 2013.
Bridge Investment Group purchased 1200 Crown Colony Drive for $43 million in 2018.
FoxRock Properties acquired 1200 Crown Colony Drive for $6 million in March 2024.
The deed for the 1100 Crown Colony Drive sale was recorded on October 21, 2026.

Culture Shift

The transaction occurs under the framework of Quincy's 2025 mixed-use zoning ordinance, which is reshaping the local office park environment. This shift signals a transition away from single-purpose corporate office spaces toward more versatile, residential-focused land use.

The transition of office park buildings into mixed-use or residential space may affect local commercial tax bases and daytime traffic patterns in Quincy. Residents should anticipate changes to the visual landscape of the Crown Colony Office Park as new developments are approved.

The takeaway

This acquisition highlights the aggressive repositioning of aging office assets into new residential opportunities. Investors and residents should monitor how the transition from office to mixed-use space continues to alter the regional commercial landscape.