"This transaction provides GSC a central location with easy access to Route 2, I-495 and other major roadways," says J. Flory McCarthy, assistant VP at Spaulding & Slye, in a statement. "The space is cost-efficient and offers a multitude of amenities."
Built in 1983 and renovated in 1992, the property features high clear heights and flexible floor plates, enabling accommodations for office and R & D users. Building amenities include an on-site fitness center and a full-service cafeteria.
McCarthy and associate Daniel Kollar of S&S represented the building owner DEK Portfolio LP, which was advised by Great Point Investors LLC on behalf of an endowment client. Principal Joseph Fallon and VP Paul Leone of Trammell Crow negotiated on behalf of GSC.
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