Redgate, Optimum Asset Management and AEW Capital Management secured $82.2 million in financing for a 166,000 square foot Class A office asset at 14 Oak Park Drive in Bedford, MA. The property is being repositioned for lab and life science uses.
Cushman & Wakefield's Boston Equity, Debt & Structured Finance team of Tom Sullivan and Ross Fishman represented the new owner in the procurement of acquisition and redevelopment financing
The loan was provided by Ares.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- 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
*May exclude premium content© 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.
