MetLife Investment Management Acquires Life Science Property In Burlington MA For $103M

Located in Burlington, MA, the life science property at 4 Burlington Woods Drive has been sold in a recent transaction. The property spans a total area of 109,000 square feet, and it was sold for a price of $103,000,000, resulting in a price per square foot of $945. The sale took place on November 9, 2022.

Summary of transaction details:

• Property Type: Life Science
• Transaction Amount: $103,000,000
• Square Footage: 109,000
• Price per Square Foot: $945
• Address: 4 Burlington Woods Drive, Burlington, MA
• Market: Burlington, MA

MetLife Investment Management acquired the property in this transaction, while The Gutierrez Co and GEM Realty Capital acted as the sellers. The deal was facilitated by brokers Robert Griffin, Edward Maher, Matthew Pullen, Samantha Hallowell, David Douvadjian Sr, and Timothy O’Donnell from Newmark.