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Vertex Pharmaceuticals Fan Pier Campus Receives $355M In Financing

Jul 7, 2011 | Reprints | Unlock Link | Print

Boston-based Holliday Fenoglio Fowler (HFF) has arranged a $355 million construction loan for the development of Vertex Pharmaceuticals’ new headquarters campus at Boston’s Fan Pier.

Vertex' cool new therapies are intended to cure diseases, not just treat them. The HFF team of Executive Managing Director John Fowler, Managing Director Anthony Cutone and Senior Real Estate Analyst Carlos Febres-Mazzei worked on behalf of The Fallon Co. LLC and its investors to secure the construction loan, according to a statement.

Vertex Pharmaceuticals recently held a groundbreaking for its headquarters, which will feature two 16-story office towers incorporating 1.1 million square feet of office and biomedical research space and 60,000 square feet of ground level retail above a 725-space parking garage. The project is slated for completion in December 2013.

Commercial & Industrial