JLL Brokers Secure $193.8M Construction Loan For Life Science Property In Boston

The property involved in this transaction is a Life Science asset located at 1/3 Au Bon Pain Way & Anchor Way Way in Boston, MA. The property spans a total of 262,468 square feet. The transaction took place on 05/09/2022.

Summary of transaction details

• Property Type: Life Science
• Transaction Amount: $193,760,000
• Address: 1/3 Au Bon Pain Way & Anchor Way Way, Boston, MA
• Market: Boston, MA
• Lender: citizens''>Citizens
• Brokers: Brett Paulsrud, Riaz Cassum & Mike Shepard - JLL
• Loan Type: Construction Loan

The brokers involved in this deal were Brett Paulsrud, Riaz Cassum, and Mike Shepard from JLL. The loan for this transaction amounted to $193,760,000 and it was a construction loan provided by Citizens.