Neil Fox Of Phase 3 Real Estate Partners Acquires Life Sciences Building In Cambridge For $25M

The property involved in this transaction is a newly built, fully vacant lab building located at 30 Hampshire Street, Cambridge, MA. The total square footage of the asset is 30,000 square feet, and it was sold for a sale price of $25,000,000, translating to a price per square foot of $833.

Summary of transaction details:

• Property Type: Life Sciences
• Transaction Amount: $25,000,000
• Address: 30 Hampshire Street
• Market: Cambridge, MA
• Buyer: Neil Fox - Phase 3 Real Estate Partners
• Seller: Last2 Development
• Square Footage: 30,000
• Price Per Square Foot: $833

Neil Fox represented Phase 3 Real Estate Partners in this deal, facilitating the purchase to enhance their life sciences portfolio in the Boston area. The seller of the property was Last2 Development.