The lease deal at 100 Summer St. follows Ironwood Pharmaceutical’s separation of Cyclerion Therapeutics, Inc. on April 1, 2019.
Located in Dorchester, the property is across the street from the 20-acre site of the former Bayside Expo Center. Accordia Partners and Ares Management were selected by the University of Massachusetts earlier this year to develop the Bayside Expo Center site.
The acquisition strengthens Newmark’s Southwest position, which is a key region for the firm.
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