Asking Price Contact for pricing
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

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
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. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. 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.
I accept the confidentiality agreement I accept the confidentiality agreement
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.

Attributes

Year Built 1946
Building Area

Property Description

As exclusive agent, JLL is pleased to present the rare opportunity to acquire the Watertown/Newton Lab Portfolio, an assemblage of two lab/R&D assets in addition to a single creative office asset, presenting well located conversion potential in the core of West Boston's expanding lab market. 165 Dexter Avenue & 85 School Street represent 43,344 square feet existing and to-be converted lab space located in Watertown, MA. 59-85 Chapel Street in Newton, MA adds 81,602 square feet of creative office with a rolling tenant base and numerous avenues to value creation.


Located at the confluence of innovation and affluence, the Portfolio benefits from its enviable position within Boston's technology, life science, and healthcare core. With the urban context as a backdrop, the Portfolio benefits from a dynamic, walkable environment that is rich with amenities, making for a first-class neighborhood in which to live, work, play and stay.


This exciting portfolio is being offered "as-is", free and clear of existing debt.

Investment Highlights

  • Prime location in Boston’s most exciting technology and life science submarket
  • Critical mass, with multiple avenues to value creation
  • Dynamic, walkable environment that is rich with amenities, making for a first-class neighborhood in which to live, work, play and stay
  • Offered “as-is”, free and clear of existing debt and without a formal asking price
Last Updated Date: 15 Oct 2020
Ben Sayles
Ben Sayles
Managing Director, Capital Markets
License details
MA-9052272
Matthew Sherry
Matthew Sherry
Managing Director, Capital Markets
License details
MA-1​3​4​6​5​5

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

+6620260615
Last Updated Date: 15 Oct 2020

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.