340 Wood Road
Update
10/24/22
Braintree Medical Office Trades for $15M
Newmark announces the $15,250,000 sale of 340 Wood Road, a medical office building that is located less than 15 miles south of Boston in Braintree, Massachusetts. Totaling square feet, 340 Wood Road is presently 94% leased to 16 tenants. Its rent roll is anchored by primary care providers that drive a complementary base of specialty practices and boast clinical affiliations with some of the most renowned hospitals and health systems in the Boston area.
Newmark Co-Head of U.S. Capital Markets Robert Griffin, Executive Managing Director Frank Nelson, Senior Managing Director Michael Greeley and Director Blake McLaughlin of the firm’s Boston Capital Markets group represented the seller, Foxfield LLC, and procured the buyer, Anchor Health Properties. This sale is an example of the offerings made available on a national basis by Newmark’s Healthcare Capital Markets group—which is led by Greeley along with Executive Managing Director Ben Appel and Senior Managing Directors Jay Miele and John Nero.
