Corporate Place Update 04/23/20

Corporate Place in Billerica Sells for $11.975M

Corporate Place, the two-building flex, R&D property along Boston Road in Billerica has been acquired by Jumbo Capital for $11.975M. The property features over 97,000 square feet of space with current tenants including Lahey Health. The property previously traded for $8.1M in April 2016. Jumbo Capital tells BLDUP "We are very bullish on the long term prospects of single-story flex / industrial space and was excited to be able to take advantage of the low-interest rate environment we find ourselves in.”

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