GI Partners Acquires Life Science Building In Burlington, MA For $58.1M
Massachusetts
See Similar DealsGI Partners Acquires Life Science Building In Burlington, MA For $58.1M
3 Burlington Woods Drive, Burlington, Massachusetts 01803, United States
See Similar DealsSummary
A life science property located at 3 Burlington Woods in Burlington, MA, was recently sold for a total of $58,130,000. The property spans a total of 164,000 square feet, resulting in a price per square foot of $354. The sale took place on February 28, 2022, and was facilitated by John Sheputis, who is affiliated with GI Partners.
Summary of transation details:
- Property Type: Life Science
- Transaction Amount: $58,130,000
- Address: 3 Burlington Woods, Burlington, MA
- Square Footage: 164,000
- Price per Square Foot: $354
- Market: Burlington, MA
- Buyer: GI Partners - John Sheputis
John Sheputis, representing GI Partners, acted as the buyer in this transaction. The sale of the life science property in Burlington, MA represents a significant deal in the real estate market. It demonstrates the continued demand for properties in the life science sector and showcases the expertise and negotiation skills of the involved parties.
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