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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 Genzyme s 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 asset from Chicago-based Capri Egm. Additionally, JLL has been engaged by the new owner to source post-acquisition financing.
Sanofi Genzyme s Northborough Global Operations Center is occupied by Sanofi Genzyme, a biotechnology company based in Cambridge, Massachusetts, under a long-term net lease, and the company uses the property as a packaging, testing and distribution facility. The building was completed in 1987 and features a cGMP-warehouse space - which refers to the Current ....

United States , United Kingdom , Capri Egm , Ben Sayles , Sanofi Genzyme , Coleman Benedict , Michael Restivo , Matthew Sherry , Sanofi Genzyme Northborough Global Operations Center , Camber Development , Northborough Global Operations Center , Wheelock Street Capital , Chicago Based Capri , Current Good Manufacturing Practice , New England , Greater Boston , Boston Industrial Insight , Senior Managing Director Coleman Benedict , Managing Directors Matthew Sherry , Director Michael Restivo , Associate Corbin , Wheelock Capital , Jones Lang Lasalle Inc Via Public Boston Area Life Science And Industrial Facility Trades To Jv For 33m , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , கேப்ரி எ.கா. ,