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23-29 Elm Street
FINANCED

ACORE Capital Provides $64.9M Construction Loan For Life Sciences Property In Watertown, MA

23-29 Elm Street

Other
72,522 SF
clock iconFinanced 1 year ago
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Summary

Loan
MASSACHUSETTS
Other
72,522 sqft

The recent closed property transaction in Watertown, MA involved a life sciences asset located at 23-29 Elm Street. The property spans a total area of 72,522 square feet.

Summary of transation details

  • Property Type: Life Sciences
  • Transaction Amount: $64,900,000
  • Address: 23-29 Elm Street, Watertown, MA
  • Market: Watertown, MA

The loan for this transaction was provided by ACORE Capital, with Kory Klebanoff representing the lender. The Triad Group and Johannes Fruehauf acted as the landlords in the deal. Anthony Cutone from JLL served as the broker for the transaction.

Players

  • All

    3

  • Agents

    1

  • Agencies

    1

  • Lenders

    1

Anthony Cutone's profile picture
Anthony Cutone
JLL-image
Managing Director
$48M Sold
JLL's profile picture
JLL
JLL
Acore Capital's profile picture
Acore Capital
Acore Capital

Details

Deal Summary
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FINANCED
IMAGE: Anthony Cutone & Kory Klebanoff DATE: 04/29/2022 ADDRESS: 23-29 Elm Street MARKET: Watertown, MA ASSET TYPE: Life Sciences ~ SF: 72,522 LENDER: ACORE Capital - Kory Klebanoff LANDLORD: The Triad Group (@TheTriadGroup31) & Johannes Fruehauf BROKERS: Anthony Cutone - JLL (@Jll) (@Jll_USA) LOAN AMOUNT: $64,900,000 LOAN TYPE: Construction

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Address23-29 Elm Street

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