For more information contact Leaura Levine, Marketing Associate.
Bulfinch Expands Portfolio with Purchase of Dedham Asset
DEDHAM, MA-June20, 2007- The Bulfinch Companies, Inc., a Needham-based real estate investment firm, is pleased to announce the acquisition of 20 CareMatrix Drive, Dedham, MA.
20 CareMatrix Drive is a three-story, 39,390 square foot Class A office/medical office building with a 4.0/1,000 SF parking ratio situated on 3.37 acres in the heart of the Route 128 South Submarket. The property is immediately accessible from Route 128 via Exit 14, and is adjacent to the Dedham Corporate Center stop on the MBTA commuter rail.
Nearby amenities include the Dedham Hilton, which contains conference facilities and a fitness center, as well as Legacy Place, which features a host of retail and restaurant amenities, including Whole Foods and the Capital Grille.
Bulfinch is currently offering 26,337 SF for immediate occupancy.
Gary May of The Conrad Group represented the seller.
Eric D. Schlager, CEO of Bulfinch, said, “We are excited about the addition of 20 CareMatrix Drive to our Route 128 South portfolio. This Class A building provides superior access to Route 128 and the MBTA’s Dedham Corporate Commuter Rail Stop, and is located in a highly desirable area that is experiencing a tremendous amount of growth.”
Founded in 1936, Bulfinch is an entrepreneurial, value-added real estate investment firm specializing in the development, acquisition, management, and repositioning of commercial properties in greater Boston. Over the past several years, Bulfinch has developed, acquired and repositioned in excess of $500 Million of commercial real estate.
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