Three buildings at the Burlington Woods Office Park in Burlington, Mass., have sold to a joint venture for $66.5 million.
A partnership between Griffith Properties and Urdang Capital Management bought the 288,933-square-foot asset from a joint venture between Finard Properties and Mugar Enterprises.
Burlington Woods is situated along Route 128 (I-95) and features a walking/jogging trail connecting the property to the 200,000-square-foot Wayside Commons Lifestyle Center.
“Burlington Woods is an extremely well-located office park at the epicenter of all of Route 128,” said Brad Griffith of Griffith Properties in a statement. “We look at it as a real opportunity to make it a ‘super park’ of suburban Boston.”