"That is my understanding," one source tells GlobeSt.com of reports that Griffith Properties LLC has bested several competitors and may have a financial partner already in tow. "It's them," insists another. If the decision has been made, the outcome would conclude a brisk sales process run by Jones Lang LaSalle's Boston investment group that was conducted in barely two months.

The namesake of Griffith Properties is J. Brad Griffith, a pioneer in developing office space in Metropolitan Boston whose firm is already repositioning another older complex just a few miles from Burlington Woods in Wilmington. Griffith acquired that asset at 200 Ballardvale St. in 2004, paying $20 million. While Griffith has been tabbed as the buyer of Burlington Woods, it is unclear whether a purchase-and-sales agreement has been inked, but sources opined that would be done swiftly given the eager suitors waiting in the wings.

Calls to J. Brad Griffith were not returned by press deadline, while JLL officials declined comment on the status, citing confidentiality agreements.

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