825 University Avenue

Property Overview

The 825 University Avenue property is a first-class office/R&D building set in an attractive wooded setting on 18.8 acres of land. The property was recently fully renovated and has been transformed from an obsolete single-story manufacturing facility into a modern corporate research campus. Located in a thriving business center, tenants of 825 University Avenue have excellent access to nearby amenities, including shopping destinations, restaurants, entertainment and public transportation.

Additionally, the property is located within minutes of the Route 128 Amtrak/MBTA train station at University Park. This station provides convenient access to the commuter rail train heading into Boston and its southern suburbs as well as regional Amtrak Acela service to Hartford, New Haven, New York, Philadelphia and Washington, D.C.

Investment at a Glance

Location: Norwood, MA

Property Type: Class A Office/R&D

Acquisition Date: December 4, 2006

Purchase Price: $28,800,000

No. of Buildings: 1

No. of Stories: 2

Square Footage: 166,574 SF

Leased Percentage (at the time of Acquisition): 100%