Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Boston & New England CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Boston & New England  + Metro Boston  + Office  |  January 5, 2022
One Cabot Road in Medford, MA
Lisa McDuffie
By: Lisa McDuffie

Davis Recaps Boston-Area Office, Life Science Properties with New JV for $260M

Davis Investment Ventures Fund II has sold two of its Boston-area office properties to a new venture comprised of Partners Group, a global private markets firm acting on behalf of its clients, together with Davis affiliates, for a total of $260 million

The two properties — One Cabot Road in Medford and Cityside in Waltham — total more than 620,000 square feet. The newly capitalized JV will own and manage both assets and the conversion of One Cabot from all-office use to an office/R&D/life science facility. Davis will remain as the operating partner for both Cityside and One Cabot Road.

We see strong thematic investing opportunities within life sciences and this investment is well positioned to capitalize on future tailwinds in the sector,” said Ron Lamontagne, managing director, private real estate Americas for Partners Group. “The life sciences sector is experiencing record growth, with an increase in employment fueling demand for R&D, laboratory and lab-office space.”

Davis will remain as the operating partner for both Cityside and One Cabot Road.

Photo: One Cabot Road

Connect

Inside The Story

Partners Group’s Lamontagne

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
Order Reprints
  • ◦Sale/Acquisition