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WOBURN, MA-A venture between an undisclosed pension fund and Great Point Investors placed a five-building portfolio on the market. A source familiar with the offering tells GlobeSt.com that several investors have already inked confidentiality agreements for the three properties, which are expected to be closed to bidding by the end of the month. The source adds that they could fetch the owner between $60 million and $70 million.

Placed on the market just days ago, the properties include a two-building office complex totaling nearly 300,000 sf at 109-111 Powderhill Rd. in Maynard, a two-building office/R&D facility totaling more than 150,000 sf with 5.2 acres at 24-30 Porter Rd. in Littleton, and a 232,000-sf R&D and warehouse building on 24.6 acres here. The buildings are being marketed individually or as a portfolio by Cappy Daume, Scott Jamieson, Michael Smith and Steven Baldini, all with Spaulding & Slye Colliers.

Both the Woburn and Maynard properties are fully occupied with leases that extend through 2007 and 2009, respectively. One of the two buildings in Littleton is 100% occupied through 2009 while the second building is 32%-occupied by two tenants whose leases extend through 2012.

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