Montana Avenue Capital Partners Acquires Keurig Dr Pepper Headquarters Campus For $84.5M In Burlington

The transaction involves an office asset located at 53 & 63 South Avenue in Burlington, Massachusetts, encompassing a total square footage of 431,233. The acquisition loan amount was $84,500,000, facilitated through acquisition financing as part of the overall deal.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $84,500,000
• Asset Size: 431,233 square feet
• Address: 53 & 63 South Avenue, Burlington, MA
• Landlord: Montana Avenue Capital Partners, LLC
• Brokers: Robert Griffin, Edward Maher, Matthew Pullen, James Tribble, Samantha Hallowell & William Sleeper - Newmark

Newmark arranged the $84.5 million financing for the acquisition between Peakstone Realty Trust and Montana Avenue Capital Partners, facilitating the sale of the two-building headquarters campus for Keurig Dr Pepper.