North River Leerink Secures $192.5M Construction Financing For Life Sciences Property At 100 Chestnut St, Somerville, MA | 100 Chestnut Street | Kevin Phelan, Sean Burke, Jeff Black, Bryan Koop | Other | Loan

Summary

Loan

MASSACHUSETTS

Other

200,000 sqft

The property involved in this transaction is a life sciences asset located at 100 Chestnut St in Somerville, MA. It spans a total area of 200,000 square feet. The transaction took place on 07/07/2022.

Summary of transaction details:

Property Type: Life Sciences
Transaction Amount: $192,500,000
Address: 100 Chestnut St, Somerville, MA
Market: Somerville, MA
Landlord: North River Leerink
Brokers: Jeff Black, Kevin Phelan, Sean Burke, and Bryan Koop - Colliers

The loan associated with this transaction amounted to $192,500,000 and was obtained for the purpose of construction financing.

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Players

All
5

Agents
4
Agencies
1

Kevin Phelan

Co-Chairman

Sean Burke

Assistant Vice President

Jeff Black

Executive Vice President

$56M Sold

Bryan Koop

Assistant Vice President

$12.4M Sold

Details

Deal Summary

FINANCED

IMAGE: Jeff Black, Sean Burke, Kevin Phelan & Bryan Koop DATE: 07/07/2022 ADDRESS: 100 Chestnut St MARKET: Somerville, MA ASSET TYPE: Life Sciences ~ SF: 200,000 LANDLORD: North River Leerink BROKERS: Jeff Black, Kevin Phelan, Sean Burke & Bryan Koop - Colliers (@ColliersInternational) LOAN AMOUNT: $192,500,000 LOAN TYPE: Construction financing

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Address100 Chestnut Street

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