Michael Taylor Of Sendero Capital Acquires Medical Office In Woburn From Unicorn Property Corp For $31.5M
200 Unicorn Park Drive
$31,500,000
$410/SF
Building Size
76,701 SF
Asset Type
Medical Office
Closing
Oct 9, 2025
AI
The property involved in the transaction is a medical office asset located at 200 Unicorn Park Drive in Woburn, MA. The sale was executed for a total price of $31,500,000. The asset comprises 76,701 square feet, translating to a price per square foot of $411. The property is fully leased and houses tenants including Winchester Hospital’s outpatient center and Excel Orthopedic Specialists.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $31,500,000
- Buyer: Michael Taylor - Sendero Capital
- Seller: Unicorn Property Corp
- Broker: Brannan Knott - CBRE
- Square Footage: 76,701
- Price per Square Foot: $411
Michael Taylor represents Sendero Capital in the acquisition of the property, while Brannan Knott from CBRE acted on behalf of Unicorn Property Corp in facilitating the sale. The transaction illustrates the growing demand for medical office spaces in the Woburn market.
Players
Woburn Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93