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Michael F. Mahoney Acquires Office Facility At 1 Boston Scientific Way In Maple Grove For $188.8M

Property Image
SOLD
$188,800,000

Minnesota

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Office400,000 SF
Sold 12/08/2025
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Property Image
SOLD

Michael F. Mahoney Acquires Office Facility At 1 Boston Scientific Way In Maple Grove For $188.8M

Office400,000 SF
Sold 12/08/2025
the dealplayerscompscontact
Contact now

Summary

Asset Type:Office
Price Per Square Foot:$472
Total Square Footage:400,000 SF
Transaction Type:Sale

Boston Scientific acquired a new facility located at 1 Boston Scientific Way in Maple Grove, MN, for a total price of $188,800,000. The property encompasses 400,000 square feet, which translates to a price per square foot of $472. The transaction is notable as one of the largest commercial real estate deals in Minnesota this year.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $188,800,000
  • Buyer: Michael F. Mahoney - Boston Scientific
  • Seller: Brian Murray - Ryan Companies US Inc.
  • Asset Size: 400,000 SF
  • Price per Square Foot: $472

The deal involved Michael F. Mahoney representing Boston Scientific as the buyer, while Brian Murray represented Ryan Companies US Inc. as the seller. This transaction marked the transition of the property from a tenant position to ownership by Boston Scientific.

Players

Boston Scientific
Boston Scientific
BUYER
BM
Brian Murray
6 deals$496.1M volume
SELLER
RC
Ryan Companies
SELLER

Details

SOLD
IMAGE: Brian Murray & Michael F. Mahoney DATE: 12/08/2025 ADDRESS: 1 Boston Scientific Way MARKET: Maple Grove, MN ASSET TYPE: Office BUYER: Michael F. Mahoney - Boston Scientific SELLER: Brian Murray - Ryan Companies US Inc. (@RyanCompanies) SALE PRICE: $188,800,000 SF: 400,000 ~ PPSF: $472 NOTE: Boston Scientific purchased its newly opened 400,000 SF facility at 1 Boston Scientific Way in Maple Grove for $188.8M, acquiring the property from Ryan Cos. US Inc. where it was previously a tenant. The $472/SF sale ranks among the largest and priciest commercial real estate deals in Minnesota this year, surpassing most recent office transactions.

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