Developer buys slice of Boston

Nordic Properties, a real estate investment and development firm, purchased the former Teradyne building in Boston, Mass.

The value of the transaction was approximately $34.8 million.

The property, 321 Harrison St., is situated at the intersection of the Mass Pike and Route 93. It contains approximately 245,000 square feet of office space in an 11-story building with an attached parking garage containing 310 spaces.

Nordic will be marketing the building to a number of market niches, including companies with larger office requirements, medical office/laboratory requirements and nonprofit needs.

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