Newmark Brokers $105M Sale of Metro Boston Office Campus
Newmark has brokered the $105 million sale of One Investors Way, a 54-acre office campus in the metro Boston submarket of Norwood. Norwood is located southwest of Boston.
The campus consists of a 236,566-square-foot office building as well as land that is prime for new development. The building was originally constructed in 1915 and renovated in 1998. The campus includes nearly 1,000 parking spaces.
Robert Griffin, Edward Maher, Matthew Pullen, Samantha Hallowell and Will Sleeper of Newmark represented the seller in the transaction, a partnership between U.S. Realty Advisors and Bain Capital Real Estate. The buyer was Alexandria Real Estate Equities.
- ◦Acquisition