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Stockbridge Capital Acquires Life Science Property In Boxborough MA For $76M

1414 Massachusetts Avenue
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This Mixed-use property located in MA was sold for $76,000,000 about 2 years ago. The brokers of the deal were Frank Petz, Matthew (Matt) Sherry, and John Nasca

The property involved in this transaction is a Life Science asset located at 1414 Massachusetts Ave in Boxborough, MA. The property spans 247,000 square feet and was sold for a price of $76,000,000, resulting in a price per square foot of $308.

Summary of transaction details

  • Property Type: Life Science
  • Transaction Amount: $76,000,000
  • Date: 12/23/2021
  • Address: 1414 Massachusetts Ave
  • Market: Boxborough, MA
  • Buyer: Stockbridge Capital
  • Seller: Lincoln Property Group
  • Brokers: Matthew Sherry - Colliers, Frank Petz - Colliers, John Nasca - Colliers

The deal was facilitated by brokers Matthew Sherry, Frank Petz, and John Nasca from Colliers.

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Deals
  • Location
    1414 Massachusetts Ave, Boxborough, MA 017191414 Massachusetts Ave, Boxborough, MA 01719
  • Sale Price
    $76,000,000$76,000,000
    $307 PPSF$307 PPSF
  • Area
    247,000 SF247,000 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

Matthew (Matt) Sherry

Matthew (Matt) Sherry

Deals18
Sold$991.9M

John Nasca

John Nasca

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Sold$717.7M

Agencies

Colliers International

Colliers International

Agency
Deals1643
Volume$35.7B

Lee & Associates

Lee & Associates

Agency
Deals940
Volume$9.9B

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Deal Summary

SALE IMAGE: Frank Petz, Matthew Sherry & John Nasca DATE: 12/23/2021 ADDRESS: 1414 Massachusetts Ave MARKET: Boxborough MA ASSET TYPE: Life Science BUYER: Stockbridge Capital SELLER: Lincoln Property Group BROKER: Matthew Sherry, Frank Petz, John Nasca - Colliers SALE PRICE: $76,000,000 SF: 247,000 ~ PPSF: $308

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1414 Massachusetts Avenue

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