Burlington Summit Update 12/22/20

Burlington Summit Life Science Space Sold for $252M

Burlington January 1998 Trust - held by The Gutierrez Company - sold 400 Summit Drive in Burlington to life science manufacturer EMD Millipore - part of the larger MilliporeSigma - for $199,879,247.58. Included in the transaction was 600 Summit Drive for $52,900,000.

The $252,700,000 sale for 400 and 600 Summit Drive - part of the larger Burlington Summit complex - features more than 350,000 SF of Class-A office space and serves as the headquarters for EMD Millipore, who moved in halfway through 2017. 

Burlington Summit Features a 600,000 SF Class-A office park and was refinanced by The Gutierrez Company for $26.7M in 2018.

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