Cabot, Cabot & Forbes Secures $79.3M Loan From Kawa Capital Management For Woburn Office Complex

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.