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Newmark Brokers $29.5M Sale of Medical Office Building in Methuen, Massachusetts

5-Branch-St.-Methuen-Massachusetts

Dana-Farber Cancer Institute occupies about two-thirds of the space at 5 Branch Street in Methuen, Massachusetts.

METHUEN, MASS. — Newmark has brokered the $29.5 million sale of a 94,325-square-foot medical office building anchored by Dana-Farber Cancer Institute in the northern Boston suburb of Methuen. Robert Griffin, Frank Nelson, Michael Greeley and Allie Percoco of Newmark represented the seller, Marcus Partners, and procured the buyer, a joint venture between Celera Properties and AEW Capital Management. Newmark also arranged acquisition financing for the deal.

Content Partners
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Walker & Dunlop

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