Northeastern University Acquires Burlington BioCenter As Buyer's Representative For $33 Million

The property involved in this transaction is a life sciences asset located at 4 Burlington Woods Drive, Burlington, MA. The sale price for the facility was $33,000,000. This asset encompasses a total area of 109,085 square feet and serves as a fully built-out life sciences facility situated in suburban Boston.

Summary of transaction details:

• Property Type: Life Sciences
• Transaction Amount: $33,000,000
• Address: 4 Burlington Woods Drive
• Market: Burlington, MA
• Asset Size: 109,085 square feet
• Buyer: Northeastern University
• Brokers: Edward Maher, Grady Zink, James Tribble, Matthew Pullen, Robert Griffin, Samantha Hallowell & William Sleeper - Newmark

Newmark facilitated the transaction and confirmed the designation of Northeastern University as the buyer through land records. The brokers involved played a crucial role in arranging the sale of the Burlington BioCenter, highlighting the expertise of the team in handling life sciences properties.