Updated Nov 4, 2026
Eric D. Schlager Of The Bulfinch Cos Acquires Office Building From Tim Schoen For $15.1M In Cambridge
210 Broadway
$15,100,000
$232/SF
Building Size
65,000 SF
Asset Type
Office
Closing
Oct 29, 2026
About this deal
AI
The property involved in this transaction is an office building located at 210 Broadway in Kendall Square, Cambridge, MA. The asset spans a total area of 65,000 square feet and was sold for a transaction amount of $15,100,000, resulting in a price per square foot of $232.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $15,100,000
- Square Footage: 65,000
- Address: 210 Broadway
- Market: Cambridge, MA
- Buyer: Eric D. Schlager - The Bulfinch Cos
- Seller: Tim Schoen - BioMed Realty
The transaction was completed on October 29, 2026, and it involved Eric D. Schlager representing The Bulfinch Cos as the buyer, while Tim Schoen represented BioMed Realty as the seller.
On the Map
$15,100,000
$232/SF
Office
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Players
Cambridge Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.05%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93