Alexandria Real Estate Sells Off Properties for $337 million
June 14, 2022
$337M
Alexandria Real Estate has sold off a series of properties for a combined $337 million. The buyer is TPG Partners. The deal comes on the heels of another major transaction, January's purchase by Alexandria of Minuteman Park in Andover, as reported by the Real Reporter. That $341 million trade was for eight buildings and more than 1.3 million square feet of space.
The MA properties were purchased between 1998 and 2011. The addresses of the twelve properties that sold are:
20 Walkup Dr, Westboro $8,800,000
111 Forbes Blvd, Mansfield $13,800,000
130 Forbes Blvd, Mansfield $22,400,000
285 Bear Hill Rd, Waltham $17,000,000
60 Westview St, Lexington $34,800,000
44 Hartwell Ave, Lexington $18,096,000
35 Hartwell Ave, Lexington $45,205,000
29 Hartwell Ave, Lexington MA, $55,600,000
35 Wiggins Ave, Bedford MA, $31,110,000
45-47 Wiggins Ave, Bedford MA, $35,400,000
6-8 Preston Ct, Bedford MA, $34,789,000
3 Preston Ct, Bedford MA, $20,000,000