"We have already received a high level of interest in thebuilding," reports Richards Barry Joyce & Partners PresidentRobert Richards, who negotiated the recent sale of 121 Brookline Ave.for $8.7 million, a transaction previously reported by GlobeSt.com.The so-called Longwood Research Center is especially attractivegiven its close proximity to the Longwood Medical Area, Richardsexplains, noting that the LMA is a nationally known hub for lifesciences research and medical care.

Boylston Properties President William McQuillan terms theventure "an excellent investment," particularly in being fullypermitted for construction. "We look forward to the successfulcompletion of this project," says McQuillan, whose firm hasretained Richards and RBJ VP Chris McCauley as exclusive leasingagents for the LRC.

The seller of the property, Paul Mattes, concurs that the LMAhelped boost interest among buyers. LMA denizens include the likesof Beth Israel Deaconess Medical Center, Children's Medical Centerand Dana Farber Cancer Center. "The RBJ team did a fantastic job ofidentifying and then interfacing with potential purchasers," Mattesadds. "Their knowledge of the life sciences real estate marketproved quite valuable."