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Outshine Properties, Jadian Capital Buy Framingham’s 9/90 Corporate Center
Outshine Properties has acquired 9/90 Corporate Center, a four-building office and laboratory campus in Framingham, MA, in partnership with Jadian Capital. Terms of the sale were not disclosed.
Newmark represented the seller and procured the buyers in addition to providing financial analysis support.
9/90 Corporate Center’s 400,000-square-foot campus is more than 80 percent leased by 12 life science and technology tenants.
“We realize the demand for research and development space has intensified and that there is a scarcity of quality-built lab space in the Boston Metro area,” said Jonathan Scheinberg, Outshine’s managing partner and co-founder. 9/90 Corporate Center already boasts a notable roster of tenants, and we are excited to bring to the market additional and much-needed lab space in the coming months to accommodate this demand.”
Founded in 2020, Outshine invests strategically across life science, medical office, and technology-focused assets nationally, with an emphasis on major life science markets.
- ◦Sale/Acquisition