TPG Angelo Gordon Sells Lifetime Fitness Property In Westwood For $46.5M

The property asset involved in this transaction is a commercial real estate located at 44 Harvard Street, Westwood, MA. The sale was executed for a total of $46,487,429, representing a price per square foot of $366 for the 127,000-square-foot Lifetime Fitness property. The sale occurred slightly above its 2015 purchase price.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $46,487,429
• Square Footage: 127,000
• Price Per Square Foot: $366
• Seller: Josh Baumgarten & Adam Schwartz - TPG Angelo Gordon
• Market: Westwood, MA

In this transaction, Josh Baumgarten and Adam Schwartz, representing TPG Angelo Gordon, were involved in the sale of the property. They executed the deal as part of their investment activities in commercial real estate.