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Bulfinch Expands Route 128 Holdings

NEEDHAM, MA-The Bulfinch Cos. has expanded its portfolio of Route 128 holdings with the acquisition of a 112,000-sf office building.

By Beverly Ford | Updated on December 07, 2006

NEEDHAM, MA-Just weeks after acquiring a 40,625-sf office building in Waltham, the Bulfinch Cos. have added another asset to its growing holdings in the Route 128 west market. In a multi-million dollar purchase, the company has acquired Hillsite Office Building at 75 Second Ave. The Realty Associates Fund IV LP sold the seven-story, 112,000-sf class A property, which is considered by many to be a landmark along Route 128.

“The building was acquired in an effort to expand Bulfinch’s central 128 portfolio,” says a spokesperson with the Needham-based buyer tells GlobeSt.com. “We felt it was an excellent area and that this building would be an excellent addition to the portfolio.”

The building, which sits atop a hill just off Boston’s main suburban beltway, offers tenants sweeping views of the surrounding area and easy access to both highways and area amenities. Among its strong roster of tenants are the insurance firms, Mass Mutual and Liberty Mutual, and Wells Fargo Bank along with film distributor EchoBridge Entertainment.

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