CAMBRIDGE, MA-Rockwood Capital and Beal Cos. are hoping to sell One Kendall Square situated in the Kendall Square neighborhood of Cambridge for $360 million. The firms bought the office and retail center for $210.5 million in 2006 and since then they have carried out $64 million in improvements.
The office space at the Kendall Square complex is 84% leased to tenants including InVivo Therapeutics and Merrimack Pharmaceuticals, and the retail space is fully leased. For the full story, go to Boston Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.