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Beacon Capital Partners Acquires Park 9 Office Campus in Wellesley
Newmark has completed the sale of Park 9, a four-building campus with life science conversion potential in the suburban Boston community of Wellesley, MA.
Robert Griffin, Edward Maher, Matthew Pullen and Samantha Hallowell of Newmark represented the seller, BentallGreenOak on behalf of Sun Life, and procured the buyer, Beacon Capital Partners.
Park 9 totals 375,058 square feet encompassed in four buildings. It is anchored by three long-term, credit-rated office tenants — Sun Life, Morgan Stanley and Boston Children’s Hospital —and features a 120,000-square-foot asset that is positioned for immediate laboratory conversion.
Park 9 facilitates swift access to Route 128, Route 9 and Interstate 90, which provides a direct connection to both Cambridge and Boston. The campus is situated between two public transit routes: the MBTA commuter rail’s Framingham/Worcester line and the MBTA Green Line’s D branch.
- ◦Sale/Acquisition
