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Bulfinch acquires Cambridge, Mass., research campus for $138.8M

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Bulfinch acquires Cambridge, Mass., research campus for $138.8M

Real estate company The Bulfinch Cos. Inc. bought the Cambridge Discovery Park office, laboratory, and research and development campus in Cambridge, Mass., through an affiliate for about $138.8 million, the Boston Business Journal reported, citing a Middlesex County deed record.

An affiliate of CBRE Global Investors Inc. sold the six-story, 193,000-square-foot property. The transaction includes the property's accompanying parking garage.

The building serves as the headquarters for research and advisory firm Forrester Research Inc. and has tenants such as the Smithsonian Astrophysical Institute, Genocea Biosciences Inc. and drug discovery biotechnology company FogPharma, according to the publication.