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Voided development plan for former Fannie Mae campus expedited for approval

A previously approved plan for the redevelopment of the former Fannie Mae campus in Reston is once again headed before the Fairfax County Board of Supervisors for a vote on an expedited timeline. At a board meeting on Tuesday (June 28), Hunter Mill District Supervisor Walter Alcorn successfully passed a board matter to move the ....

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Boston Properties buys into former Fannie Mae buildings, setting stage for redevelopment

Boston Properties Inc. has acquired a 50% interest in the former offices of Fannie Mae in Herndon. The developer, whose properties include Reston Town Center, paid roughly $17.3 million for the acquisition of 12310 and 13150 Worldgate Drive, according to its first quarter earnings report. Both buildings have been vacant for years, poising Boston Properties ....

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Developer resubmits plan for former Fannie Mae campus in Reston after previous approval voided

The developer looking to transform the former Fannie Mae complex in Reston has resubmitted plans for Fairfax County’s consideration. Developer Wheelock Capital and representative McGuireWoods resubmitted plans on April 10 for the redevelopment of the 28-acre property due to a technical issue. Although the plan was first approved in August of last year, the development ....

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Naples-based developer selects Sarasota agent to sell condo project

Naples-based developer selects Sarasota agent to sell condo project
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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. ,