Riverworks Innovation Center Update 10/16/18

Riverworks Innovation Center Acquired for $63.8 Million

GEM Realty Capital has acquired the property at 480 Pleasant Street in Watertown, MA, known as Riverworks Innovation Center for $63.8 million.

The center is composed of three interconnected three and four-story brick office buildings totaling approximately 200,000 square feet of space. The property was formerly the headquarters to Boston Scientific Corporation until the medical device company vacated the site. 

 

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