Washington Trust Provides $75.6 Million Loan For Orthopedic Surgery Center In Waltham MA

A 79,500-square-foot orthopedic ambulatory surgery center and medical office building is located at 71 Border Road in Waltham, MA. The property represents a significant investment of approximately $105 million and has been newly completed as of June 2026.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $75,600,000
• Lender: Washington Trust
• Landlord: Boston Bone & Joint Institute; Boston Out-Patient Surgical Suites, Boston Orthopaedic & Spine; Pro-Sports Physical Therapy

This transaction involved Washington Trust Company providing construction-to-permanent financing to facilitate the project, highlighting a strategic move in the healthcare sector involving multiple stakeholders aiming to enhance medical services in the area.