It’s a hot market for life science assets in Massachusetts. Newmark Group Inc, a commercial real estate firm headquartered in New York City has arranged $514 million in construction financing for a life science tower in Somerville, Massachusetts. 

Assembly Innovation Park, a 485,00-square-foot tower is under development by BioMed Realty, a Blackstone portfolio company and the largest private real estate provider to the life science and technology industries.

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