A Somerville property that’s leased to a 3D printing manufacturer has a new ownership team following a $35.5 million transaction.
Boston-based Synergy Investments and Independencia Asset Management acquired the 58,156-square-foot office and R&D facility at 35 Medford St., which is leased to FormLabs’s headquarters.
Originally completed in 1870, the two-building property was recently renovated and includes clear heights ranging from 13 to 18 feet and 19,400-square-foot floor plates.
JLL Boston marketed the property for the seller, funds advised by Columbia Real Estate Management, and procured the buyer.