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Former Genzyme office in Framingham sells for $3M

A 25,000-square-foot office building in Framingham that formerly housed the drugmaker Genzyme has sold for $3.2 million. The buyer is a limited liability corporation, called 11 Pleasant Street Connector, LLC, which is registered in Palm Springs, Fla. The registered manager of that entity is Kirill Vesselov, who is CEO of Haven Health Management, which is also based in Palm Springs, Fla. It was sold by Fafard Commercial Real Estate of Milford. The sale closed March 15. The 1.6-acre site at 9-11 ...
United States United Kingdom Kendall Square Kirill Vesselov Haven Health Management Research Drive In Westborough

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Boston firms pay $33M for Northborough Genzyme site

The site of a Northborough operations center for the biotech firm Genzyme has been bought by two Boston firms for $33 million. Bostons Camber Development and real estate investment firm Wheelock Street Capital, which has offices in Boston and Greenwich, Conn., bought the site in a deal closed Feb. 17. The seller was the Chicago real estate investment firm Capri EGM. The deal was announced by the Boston offices of JLL Capital Markets, which represented the buyers. Camber and Wheelock Street Capi...
United States United Kingdom Town Of Northborough Boston Camber Development Camber Development Wheelock Street Capital

Northboro life sciences building sold for $33M

Northboro life sciences building sold for $33M NORTHBORO — Sanofi Genzyme’s Northboro Global Operations Center, a 212,000-square-foot life sciences building located at 11 Forbes Road, sold for $33 million last month.  The property was purchased from CEGM Northborough, a subsidiary of Chicago-based Capri EGM, to a joint venture between Connecticut real estate investment firm Wheelock Street Capital and Boston real estate investor Camber Development. The Northboro Assessors Office value...
United States United Kingdom Sanofi Genzyme Northboro Leggat Mccall Sanofi Genzyme Camber Development

Jones Lang LaSalle Inc. (via Public) / Boston-area life science and industrial facility trades to JV for $33M

Boston-area life science and industrial facility trades to JV for $33M BOSTON, March 2, 2021 - JLL Capital Markets announced today that it has closed the $33 million sale of Sanofi Genzymes Northborough Global Operations Center, a fully net-leased, 212,000-square-foot GMP-certified industrial facility in the suburban Boston community of Northborough, Massachusetts. JLL represented the buyer, joint venture partnership between Wheelock Street Capital and Camber Development, which acquired the ass...
United States United Kingdom Capri Egm Ben Sayles Sanofi Genzyme Coleman Benedict

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