JUNE 4, 2019

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MLL Capital acquires medical office property in Woburn, Mass.

by Released

MLL Capital has acquired two medical office buildings, totaling 112,228 square feet, in Woburn, Mass.

“This acquisition presents an opportunity to create a premier, multi-tenant healthcare property,” said Wyndsor DePetro, an MLL Capital principal. “Our strategy is to acquire well-located medical office properties and transform them into pre-eminent clinical buildings in order to attract and retain high-quality medical tenants.”

The property is 78 percent leased and anchored by affiliates of Beth Israel Lahey Health, Tufts Medical Center and Woburn Pediatrics. Located at 7 and 12 Alfred Street in Woburn, the medical office buildings are in proximity to Boston and surrounded by communities with high-employment rates, thus a highly ensured population, and are easily accessible via I-95 and I-93.

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