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Includes agreement with SOL Mexican Cocina for first East Coast location of California-based restaurant
600,000 square feet to be built on 15-acre site
The portfolio totals 1,314 units across six communities in New England.
Difficulty securing financing could curtail 30M SF of new development.
Move comes as part of plan to split industrial giant into three businesses.
The firm purchased the property from Biogen, which will continue to lease the entire 271,000-SF asset through April 2028.
The firm has also secured HarbourVest Partners as the building's new anchor tenant and namesake.
The funds from will finance the acquisition of a two building lab project in Emeryville, CA.
Avison Young, CommercialEdge show positive data; Marcus Partners' new fund focused there.
Boston based industrial portfolio sells for $107.5M