Jadian Capital Acquires 400000 SF Property In Framingham From National Development For $93M

The property asset involved in the transaction is a four-building office and laboratory campus located at 100 Crossing Blvd, Framingham, MA. The sale price was $93,000,000.00, and the total square footage of the campus is over 400,000. The property is situated in the Framingham market and is currently more than 80 percent leased by 12 tenants, many of which operate their headquarters or flagship facilities on-site.

Summary of transaction details:

• Property Type: Office and laboratory campus
• Transaction Amount: $93,000,000.00
• Address: 100 Crossing BLVD, Framingham, MA
• Market: Framingham
• Seller: National Development
• Buyer: Jadian Capital
• Seller's Representative: Matthew (Matt) Pullen, Edward Maher - Newmark
• Square Footage: 400,000

The individuals and companies involved in the transaction include Jadian Capital, which purchased the property, and National Development, the seller. Newmark arranged the sale and had a team including Robert Griffin, Edward Maher, Matthew Pullen, and Samantha Hallowell representing the seller. Financial analysis support was provided by Newmark Senior Financial Analyst William Sleeper.