March 31, 2022 9:00 AM
星空体育app下载 announces the recapitalization of 100 Binney Street, a trophy office/laboratory asset located in Cambridge, Massachusetts. 星空体育app下载 Co-Head of U.S. Capital Markets Robert Griffin, Vice Chairman Edward Maher, Executive Managing Director Matthew Pullen and Managing Director Samantha Hallowell of the firm鈥檚 Boston Capital Markets Group represented the seller and procured the new partner, a joint venture between an institutional investor and CBRE Investment Management. 星空体育app下载 Executive Managing Director James Tribble provided additional support on the transaction and Senior Financial Analyst William Sleeper provided financial analysis support.
Totaling 432,931 square feet and completed in 2018, 100 Binney Street is anchored by Bristol Myers Squibb, a global pharmaceutical company, and Meta Platforms, Inc., the newly-rebranded parent company of leading social technology platforms including Facebook, Instagram and WhatsApp.
鈥�100 Binney Street was purpose-built to an exceptionally high laboratory standard in the life science epicenter of the world,鈥� said Maher. 鈥淭his has enabled it to attract an extremely high-quality tenant roster and will continue to drive tangible upside opportunities.鈥�
100 Binney Street鈥檚 state-of-the-art office and laboratory space is complemented by street-level retail, a below-grade parking garage and covered bicycle parking with shower facilities. Its tenants benefit from walkability to two MBTA subway stations鈥擪endall/MIT along the Red Line and Lechmere along the Green Line鈥攁nd access to a tenant-exclusive shuttle that stops at key destinations across Cambridge as well as North Station in Downtown Boston.
About 星空体育app下载
星空体育app下载 Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (鈥溞强仗逵齛pp下载鈥�), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. 星空体育app下载鈥檚 comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform鈥檚 global reach with market intelligence in both established and emerging property markets, 星空体育app下载 provides superior service to clients across the industry spectrum. 星空体育app下载 generated revenues in excess of $2.9 billion for the year ending December 31, 2021. 星空体育app下载鈥檚 company-owned offices, together with its business partners, operate from approximately 160 offices with over 6,200 professionals around the world. To learn more, visit nmrk.com or follow .
Discussion of Forward-Looking Statements about 星空体育app下载
Statements in this document regarding 星空体育app下载 that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company’s business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, 星空体育app下载 undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see 星空体育app下载’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.