Oct
26
JV Nabs Suburban Boston Office/Flex Campus
ByThe six-building Brookwood Business Center is located in Tewksbury and Billerica, Mass., and previously traded in 2010, when Brookwood Financial Partners acquired it through foreclosure for $15 million.
Brookwood Financial Partners has sold Brookwood Business Center, a 448,707-square-foot office/flex park located in Tewksbury and Billerica, Mass. The buyer was a joint venture between Condyne Capital Partners and a fund managed by Westport Capital Partners LLC. An acquisition loan financed by HarborOne Bank and Brookline Bank funded the sale.
The six-building campus is located at 101 Billerica Ave. and has undergone a series of renovations. including reimagined landscaping, roof improvement, a new café, new building signage and refurbished common areas. Brookwood Business Center sits on 44 acres and comprises four single-story flex buildings and two two-story office buildings…
