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

35 Medford St, Somerville, MA, USA

$35,500,000

$610/SF

Building Size

58,156 SF

Asset Type

Office

Closing

Sep 20, 2021

AI

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