Behringer Harvard to Sell Burlington Office Complex
Have you registered for RealShare BOSTON yet? Hear the latest on construction and development projects and Boston's new up and coming neighborhoods. RealShare Boston attracts more than 200 commercial real estate professionals across the sector at RealShare BOSTON on September 9.
BURLINGTON, MA-Behringer Harvard has hired Cushman & Wakefield's capital markets team to market an office complex spanning 270,000 square feet along Wayside Drive in Burlington. Public records revealed that the Texas-based real estate investor purchased the complex at 5 and 15 Wayside Drive in 2006 for $82.3 million.
The Realert.com report showed that industry experts have pegged the current value of the property at $68 million, or about $250 per square foot. The real estate newsletter stated that the property is nearly 95% occupied. For the full story, go to Boston Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.