Cabot, Cabot & Forbes Secures $79.3M Loan From Kawa Capital Management For Woburn Office Complex
Massachusetts
See Similar DealsCabot, Cabot & Forbes Secures $79.3M Loan From Kawa Capital Management For Woburn Office Complex
216 New Boston Street
See Similar DealsSummary
The property asset involved in this transaction is a 180,000-square-foot office complex located at 216 New Boston Street in Woburn, MA. The total loan amount secured for the construction of this property is $79,300,000, as part of a larger $125,000,000 project aimed at building a life sciences, office, and manufacturing complex known as The Bolt.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $79,300,000
- Address: 216 New Boston Street
- Market: Woburn, MA
- Lender: Daniel Ades - Kawa Capital Management
- Landlord: Jay Doherty - Cabot, Cabot & Forbes
- Loan Type: Construction
This transaction highlights the collaboration between Kawa Capital Management and Cabot, Cabot & Forbes, with Daniel Ades serving as the lender and Jay Doherty representing the landlord in this significant construction financing deal aimed at expanding the local real estate landscape.
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