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The deal adds to Brookfield's portfolio in Boston that includes 13 office and life science properties totaling more than 3 million square feet and six multifamily properties.
The acquisition of 350 Rhode Island presented a compelling opportunity to participate in a robust and technology-centered office market, and do so with an attractive yield and at below-replacement basis.
“New Jersey historically has been a life science hub, and the industry continues to play a major role in the state's economy,” says Jason Price, director, Cushman & Wakefield's Tri-State Suburbs Research.
In this <b>EXCLUSIVE</b>, Matt Chatham of Cushman & Wakefield shares insights into the current tenant rep climate, technology's effect, growth opportunities and predictions for 2019.
KRE Group recently competed renovation of the atrium lobby, and added comfortable collaborative workspaces and furniture for occupants to use outside of their offices.