Lightstone Acquires Class A Life Sciences Campus In Boston For $68 Million From The Davis Companies

Lightstone acquired a 122,507-square-foot Class A life sciences campus located at 100 Technology Way, Boston, MA for $68 million. The property is fully leased and includes a cGMP facility occupied by Organogenesis.

Summary of transaction details:

• Property Type: Life Sciences
• Transaction Amount: $68,000,000
• Square Footage: 122,507
• Price Per Square Foot: $555
• Buyer: Lightstone
• Seller: Jonathan G. Davis - The Davis Companies
• Brokerage Firms: Robert Griffin, James Tribble, Samantha Hallowell, Tyler McGrail & William Sleeper - Newmark

The transaction involved key representatives, including Jonathan G. Davis from The Davis Companies, who sold the property to Lightstone, while the brokerage firm Newmark facilitated the deal through its team, comprising Robert Griffin, James Tribble, Samantha Hallowell, Tyler McGrail, and William Sleeper.