Juliana Azevedo Of Procter & Gamble Acquires Development Site In Boston For $99.29M

A 2.4-acre development site located at 232 A Street in Boston, MA, has been sold for $99.29 million. The site has potential for significant growth, as it will support the construction of a 325,000-square-foot research and development complex tailored for grooming and technical innovation operations.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $99,290,000
• Buyer: Juliana Azevedo - Procter & Gamble
• Seller: Dan Belldegrun - Breakthrough Properties
• Building Size: 325,000 square feet
• Price Per Building Square Foot: $306
• Acres: 2.4
• Market: Boston, MA

Juliana Azevedo represents Procter & Gamble in this transaction, while Dan Belldegrun represents Breakthrough Properties, facilitating the acquisition of this strategically important development site for Procter & Gamble's Gillette unit.