80 & 90 Central Street_Propiedad en venta

Boxborough, MA, US, Americas

80 & 90 Central Street

Descripción del portafolio

As exclusive sales agent, JLL Capital Markets is pleased to offer for sale 80 & 90 @ Tech Central (the “Property”), a 79 acre tech campus in Boxborough, MA comprised of two Class A office / R&D buildings totaling 321,208 square feet.

Measuring 146,562 square feet, 80 Central Street is 80% leased to eight tenants, providing investors with 5.5 years of remaining WALT. The Property has seen significant leasing velocity over the last 18 months, completing 115,211 square feet of new leasing with tenants valuing the building's 13'+ clear heights, 125+ lb/SF live floor loads, 16 W/SF power, and loading with direct freight access.

90 Central Street is 100% leased to an investment-grade roster of tenants including Qualcomm, AMD, and Synopsys across 174,646 square feet. Offering 30' column spacing, 14'+ clear heights, 100+ lb/SF live loads, and 11 W/SF power, 90 Central is a premier physical asset that has long outperformed the market, with average occupancy of 98% since 2013.

91% leased with nearly 5 years of WALT across the campus, 80 & 90 Tech Central offers investment grade cash flow with future upside as tech users continue to seek out differentiated office / R&D space that fits their needs.

The opportunity is being offered “as-is”, free and clear of existing debt and without a formal asking price.

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