Boston biotech leases 38K SF for research, office space – BizWest bizwest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizwest.com Daily Mail and Mail on Sunday newspapers.
That’s a $40 million return on Broad Street’s 2019 investment.
The owner before Broad Street,
Unico bought Pearl East for $85 million in January 2015 from W.W. Reynolds Cos. part of a larger deal in which
Similarly, Broad Street Principal Investments took over the office park as part of a larger portfolio deal involving 27 properties and $710 million.
Beacon has been on a buying streak in the region of late. The investor bought The Circa office building at 1615 Platte St. in Denver late last month for $60 million, according to
The Circa was one of the buildings taken over by Broad Street in its $710 million Unico deal.
Beacon spends $190M for Boulder office portfolio businessden.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessden.com Daily Mail and Mail on Sunday newspapers.