News Release: Just closed – 670 Albany Street

The transaction included the investment sale of 670 Albany Street located in Boston, Massachusetts.

The JLL Healthcare Capital Markets Group is pleased to announce the sale of 670 Albany Street, a 161,254-square-foot, Class A biomedical research building in Boston, Massachusetts. Mindy Berman of the JLL Healthcare Capital Markets Group along with Frank Petz and Jessica Hughes of JLL Capital Markets served as the seller’s exclusive advisors.

The sale involved a Class A laboratory building at Boston’s BioSquare life sciences campus adjacent to Boston Medical Center. The property is 100% occupied by two investment-grade healthcare tenants in the heart of the thriving Boston life sciences market.

  • Property type: Laboratory / life sciences
  • Sale date: June 12, 2015
  • Sale price: $101,500,000
  • Price p.s.f.: $630
  • Building size: 161,254 s.f.
  • Year built: 2005
  • Occupancy: 100%

For more information on this sale, or if we can help with your healthcare real estate needs, please contact us.

Mindy Berman
Managing Director
+1 617 316 6539

Daniel Turley
Senior Vice President
+1 617 316 6521

Steve Leathers
Senior Vice President
+1 212 812 5867

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