Clay Duvall & David Binswanger Acquire Office Asset In Waltham From Jay Hirsh & Jenna Gerstenlauer For $25.5M

The property asset involved in this transaction is located at 130 Turner Street in Waltham, MA. It is classified as an office asset, encompassing a total square footage of 270,000. The sale was completed for a price of $25,500,000, which equates to a price per square foot of $94.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $25,500,000
• Buyer: Clay Duvall & David Binswanger - Lincoln Property Company
• Seller: Jay Hirsh - Jumbo Capital; Jenna Gerstenlauer - Sound Mark Partners
• Square Footage: 270,000
• Price Per Square Foot: $94
• Date of Transaction: 07/01/2025
• Market: Waltham, MA

This transaction involved key players from different companies, with Clay Duvall and David Binswanger representing the buyer through Lincoln Property Company. The sellers, Jay Hirsh of Jumbo Capital and Jenna Gerstenlauer of Sound Mark Partners, facilitated the deal from their respective firms.