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NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key Facts

Building Area

Property Description

As exclusive agent, JLL is pleased to present the opportunity to acquire 35 Medford Street (the “Property” or the “Asset”), a three-story R&D facility located in Somerville, Massachusetts. Totaling 58,156 square feet, the Asset is 100% leased to Formlabs, a cutting-edge 3D printing manufacturer. The tenant recently executed a 9-year extension and expansion, and will call 35 Medford their Headquarters through August 2029. Bolstered by $4.5 million in recent capital expenditures, the physical specifications of the property feature a modern tenant fit-out, combined with attractive window lines, high ceiling heights, and flexible floorplates.

Investment Highlights

  • Secure Cash Flow with VC-Backed Tenant
  • Unparalleled Access
  • Enhanced Residual Environment
  • Attractive Physical Specifications
  • Proximity to Kendall Square


Last Updated Date: 25 Mar 2021
Matthew Sherry
Matthew Sherry
Managing Director, Capital Markets
License details
MA-1​3​4​6​5​5
Ben Sayles
Ben Sayles
Managing Director, Capital Markets
License details
MA-9052272

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Last Updated Date: 25 Mar 2021

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