Rockwood Capital, Beal Hope to Sell One Kendall Square for $360M
Learn the latest in retail, multi-use and much more at RealShare NET LEASE WEST on November 11-12 in Los Angeles.
CAMBRIDGE, MA-Rockwood Capital and Beal Cos. are hoping to sell One Kendall Square situated in the Kendall Square neighborhood of Cambridge for $360 million. The firms bought the office and retail center for $210.5 million in 2006 and since then they have carried out $64 million in improvements.
The office space at the Kendall Square complex is 84% leased to tenants including InVivo Therapeutics and Merrimack Pharmaceuticals, and the retail space is fully leased. 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.
Are your lease agreements working for you? Learn the latest in hot office markets at RealShare NET LEASE WEST on November 11-12 in Los Angeles.
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.