Boston Properties buys two-building campus for $106m
Boston Properties has acquired 880 and 890 Winter St., a two-building, class A office campus totaling 392,600 square feet for a gross purchase price of $106 million in cash. The 28-acre property is adjacent to Boston Properties’ 1 million-square-foot, 58-acre Bay Colony property in Waltham, Mass. 880 and 890 Winter Street are currently 82 percent leased to approximately 24 companies primarily in the healthcare, technology, services and energy infrastructure sectors.
Boston Properties is the largest owner and manager of class A office space in Waltham, with holdings totaling more than 4 million square feet, and has been a leading developer in the community for five decades. The company owns and actively manages approximately 5 million square feet along the Route 128/Interstate 95 corridor in the Boston suburbs, where hundreds of growing biotechnology, life sciences and technology companies choose to locate.
“Waltham continues to be one of the region’s most desirab