"The time has come," one source says of the move by FinardProperties LLC, whose principals developed the trio of buildingsbetween 1980 and 1984 while known as Finard & Co. FounderWilliam Finard and son Todd Finard left the latter company inJanuary to launch Finard Properties LLC, while Finard & Co. wasrenamed KeyPoint Partners LLC and taken over by Robert Lemons andMark Becker. Both Finard Properties LLC and KeyPoint Partners areheadquartered at One Burlington Woods.

Calls to William Finard and JLL's Capital Markets Group were notreturned by deadline, but an offering sheet obtained by GlobeSt.comreveals that the marketing campaign has already commenced. JLLbrokers involved in the sale include Michael Smith, Scott Jamieson,Cappy Daume, Gail McDonough, James Koury and Sean Keaney.

The sheet places the current park occupancy rate at 91%. Anasking price for the complex is not being established, allowing themarket to set the pace, but one source estimates the park willtrade for at least $50 million. "The sky is the limit these days,"says the source, referring to the white-hot investment climate inwhich Burlington Woods Office Park is being offered. The sourcepegs the likely sales price as being in the $200-per-sf range,which would result in a mark of around $57 million.