trending Market Intelligence /marketintelligence/en/news-insights/trending/0--y4i3wcTVh2Tx6FwdLwQ2 content esgSubNav
In This List

Colony Capital sells Framingham, Mass., properties for $53M


Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise


FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Colony Capital sells Framingham, Mass., properties for $53M

Colony Capital Inc. sold two office buildings totaling more than 292,000 square feet in Framingham, Mass., for $53.3 million, the Commercial Property Executive reported, citing Yardi Matrix data.

A joint venture between Campanelli and TriGate Capital bought the 85%-occupied, 118,713-square-foot property at 161 Worcester Road and the 94%-leased, 166,101-square-foot property at 492 Old Connecticut Path, according to the report.

The 161 Worcester Road building is reportedly leased to various tenants, including Charles Schwab, MSA Financial and Wells Financial Advisors, and has an adjacent 7,200-square-foot retail building that is 100%-leased to Temazcal Tequila Cantina.

The 492 Old Connecticut Path asset counts Rave Mobile Safety, Virgin Pulse and CST among its tenants, the report added.