The Praedium Group and Essex River Ventures jointly acquired the 283,000-square-foot Lexington Corporate Center in Lexington, Mass.

The value of the transaction was approximately $35 million.

Lexington Corporate Center, located at 10 Maguire Road is comprised of four buildings.

Occupancy at the time of sale was 65 percent.

Trammell Crow Co. brokered the deal on behalf of the sellers, whose identities were not disclosed.

The Praedium Group is a New York City-based national real estate investment firm. Essex River Ventures is a Boston-based real estate investment and asset management firm.


What’s your opinion? Send your Letter to the Editor to

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Refer friends to Select and get $200 in credit.Register Here×
Connect Now is less than one week away. Prices go up May 30.Reserve your seat today.×