FINANCED
DLJ Real Estate Capital Partners, Leggat McCall Properties, Deutsche Finance America & Oxford Properties Group Secure $230M Construction Loan For Life Science Property In Somerville, MA
15 McGrath Highway
Other
262,000 SF
262,000 SF
Financed 1 year ago
Summary
Loan
MASSACHUSETTS
Other
262,000 sqft
DLJ Real Estate Capital Partners, Leggat McCall Properties, Deutsche Finance America, and Oxford Properties Group have obtained a $230,000,000 construction loan for a life science property located at 15 McGrath Hwy in Somerville, MA. The property spans 262,000 square feet and is situated in the local market.
Summary of transaction details:
- Property Type: Life Science
- Transaction Amount: $230,000,000
- Address: 15 McGrath Hwy
- Market: Somerville, MA
- Asset Area: 262,000 square feet
The loan was secured by DLJ Real Estate Capital Partners, Leggat McCall Properties, Deutsche Finance America, and Oxford Properties Group. The brokers involved in the deal were Brett Paulsrud, Henry Schaffer, and Mike Shepard from JLL.
Players
All
4
Agents
3
Agencies
1
Details
FINANCED
IMAGE: Brett Paulsrud & Henry Schaffer
DATE: 08/15/2022
ADDRESS: 15 McGrath Hwy
MARKET: Somerville, MA
ASSET TYPE: Life Science ~ SF: 262,000
LANDLORD: DLJ Real Estate Capital Partners, Leggat McCall Properties, Deutsche Finance America & Oxford Properties Group
BROKERS: Brett Paulsrud, Henry Schaffer & Mike Shepard - JLL
LOAN AMOUNT: $230,000,000
LOAN TYPE: Construction loanView on map
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Address15 McGrath Highway
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