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Bulfinch Claims 193K-SF Cambridge Office Property
Private real estate investment, development and management firm Bullfinch has announced that an affiliate of the company, in a joint venture with two institutional investors, has acquired Forrester’s World Headquarters and Garage A at the Cambridge Discovery Park in Cambridge. The seller was undisclosed.
The six-story property was developed by Bullfinch in 2011, before being sold by the firm in 2014. Currently, the property is fully leased to Forrester Research Inc. under a long-term lease. The building is located within Cambridge Discovery Park, a 27-acre office campus in Cambridge.
“Cambridge remains supply-constrained for both office and life science users,” said Eric Schlager, CEO of Bulfinch. “The strategic location within Cambridge, and specifically within CDP, made this asset an excellent investment and addition to our portfolio. We are excited to return our entrepreneurial spirit and commitment once again to this asset, and we look forward to continuing our relationship with Forrester.”
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- ◦Sale/Acquisition
