Affiliate Of Walnut Hill Group Acquires Office Building In Cambridge, MA For $79.2M

1414 Massachusetts Avenue, a 78,000 square foot office property located in Cambridge, MA, changed hands in a recent transaction. The property was sold for $79,200,000, reflecting a price per square foot of $1,015. The sale was completed on 12/30/2022.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $79,200,000
• Square Footage: 78,000
• Address: 1414 Massachusetts Avenue, Cambridge, MA
• Market: Cambridge, MA

An affiliate of Walnut Hill Group acquired the property from Piedmont Office Realty Trust, represented by C. Brent Smith. The transaction involved the buyer and seller, with Walnut Hill Group's representative handling the deal on behalf of the buyer. C. Brent Smith served as the representative for Piedmont Office Realty Trust.