Updated Sep 29, 2026
Tourbineau Real Estate Partners Acquires Office Building In Cambridge For $25.4M
955 Massachusetts Avenue
$25,400,000
$276/SF
Building Size
92,000 SF
Asset Type
Office
Closing
Sep 25, 2026
About this deal
AI
The property involved in this transaction is an office building located at 955 Massachusetts Avenue in Cambridge, MA. The transaction was valued at $25,400,000 for a total area of 92,000 square feet, equating to a price per square foot of $276.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $25,400,000
- Address: 955 Massachusetts Avenue
- Market: Cambridge, MA
- Square Footage: 92,000 SF
- Price Per Square Foot: $276
- Buyer: Tourbineau Real Estate Partners
- Seller: Intercontinental Real Estate Corporation
- Brokers: Frank Petz, Matthew Sherry, Rob Schlesinger & Joe Gaziano - Colliers
This transaction was facilitated by four brokers from Colliers, namely Frank Petz, Matthew Sherry, Rob Schlesinger, and Joe Gaziano, who represented the sale from Intercontinental Real Estate Corporation to Tourbineau Real Estate Partners.
On the Map
$25,400,000
$276/SF
Office
View full map
Players
Cambridge Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Matthew (Matt) Sherry to view all their deals.
Browse Cambridge office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.62%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93