Harrison Street Real Estate Acquires Life Sciences Property In Watertown, MA

In a recent real estate transaction in Watertown, MA, a life sciences property located at 650 Pleasant St was sold for a significant amount. The transaction took place on September 23rd, 2021, and the property was acquired by Harrison Street Real Estate from Arranta Bio. The property spans approximately 74,000 square feet and was sold for a total price of $92,000,000, resulting in a price per square foot of $1,243.

Summary of transaction details:

• Property Type: Life Sciences
• Transaction Amount: $92,000,000
• Address: 650 Pleasant St, Watertown, MA
• Market: Watertown, MA

The sale of this life sciences property was facilitated by the brokers Frank Petz and John Nasca from Colliers International. Their expertise and support contributed to the successful transaction between the buyer, Harrison Street Real Estate, and the seller, Arranta Bio. Their efforts ensured a smooth and efficient transfer of the property ownership.