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Synergy Investments & Independencia Acquires Office Building In Somerville, MA From Columbia Property Trust

Property Image
SOLD
$35,500,000

Massachusetts

See Similar Deals
Office58,156 SF
Sold 09/20/2021
the dealdetailscomps
Property Image
SOLD

Synergy Investments & Independencia Acquires Office Building In Somerville, MA From Columbia Property Trust

35 Medford St, Somerville, MA, USA

See Similar Deals
Office58,156 SF
Sold 09/20/2021
the dealdetailscomps

Summary

MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$610
Total Square Footage:58,156 SF
Transaction Type:Sale

Located at 35 Medford St in Somerville, MA, this office property was recently sold in a transaction facilitated by JLL. The buyer, a collaboration between Synergy Investments and Independencia Asset Management represented by David Greaney, acquired the property from Columbia Property Trust.

Summary of transaction details

  • Property Type: Office
  • Sale Price: $35,500,000
  • Square Footage: 58,156
  • Price per Square Foot: $610
  • Date: 09/20/2021
  • Market: Somerville, MA

This transaction highlights the involvement of key individuals and companies in the deal. Synergy Investments and Independencia Asset Management teamed up with David Greaney, who represented them in the purchase. On the other hand, Columbia Property Trust served as the seller, with JLL acting as the broker for the transaction.

Players

IM
Independencia Asset Management
BUYER
SI
Synergy Investments
BUYER
Columbia Property Trust
Columbia Property Trust
SELLER

Details

SOLD
IMAGE: David Greaney DATE: 09/20/2021 ADDRESS: 35 Medford St MARKET: Somerville, MA ASSET TYPE: Office BUYER: Synergy Investments & Independencia Asset Management - David Greaney SELLER: Columbia Property Trust BROKER: JLL SALE PRICE: $35,500,000 SF: 58,156 ~ PPSF: $610

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