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NorthBridge CRE Acquires Life Science Complex In Hopkinton

Dec 3, 2015 | Reprints | Unlock Link | Print

Boston-based NorthBridge CRE Advisors LLC has acquired the two-building PerkinElmer’s Life Science Center. The 198,336-square-foot complex consists of lab, high-tech manufacturing and office spaces, located at 68 & 78 Elm St. in Hopkinton.

The total sales price was $37.5 million.

Newmark Grubb Knight Frank’s capital markets team of Robert Griffin, Edward Maher, Matthew Pullen and Samantha Hallowell marketed the property on behalf of the seller, US Realty Advisors LLC. Transwestern/RBJ’s capital markets team of Christopher Skeffington and Andrew Stone helped source the acquisition financing through Blue Hills Bank.

Editor’s note: this article has been updated since it was first published on Thursday, Dec. 3.

Commercial & Industrial