Search
 

Maric Shopping 155,000-SF Facility

NEEDHAM, MA-The locally based company is putting 10 Brookline Pl. W. on the market. The facility is leased-up with two tenants, Dana Farber and the New England Institute of Art.

By Ryan Clark | Updated on July 22, 2008

NEEDHAM, MA-Locally based Maric Inc. is shopping 10 Brookline Pl. W. The 155,000-sf facility is located just on Route 9 and is leased-up with two tenants, Dana Farber and the New England Institute of Art. Eastdil will be marketing the property on behalf of Maric. The asking price is undisclosed at this time, but talk on the street is that the property will go in the $475 psf range.

The market has slowed considerably coming into the Q3, with only a few smaller trades and the occasional bigger fish. There are buildings due to deliver in 2009 and 2010, but with tentative financing, there is little new development entering the pipeline.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.