Iowa-based institutional investor Principal Real Estate Investors acquired a two-story medical-office building located along Route 9 at 313 Speen St. in Natick, Massachusetts. The building was sold by a joint venture led by an affiliate of Shields Health Care Group for $24 million, or about $395 per square foot.
Institutional Investor Buys Natick Medical Office Building
Newmark Arranges Building Sale for Shields Health Care Group Affiliate
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IN THIS ARTICLE
- Properties
- Companies
- Principal Real Estate Investors
Finance and Insurance
- Contacts
- Frank Nelson
Executive Managing Director, Newmark
- Blake McLaughlin
Managing Director, Newmark
- Robert Griffin
Co-Head of U.S. Capital Markets, Newmark
- Michael Greeley
Senior Managing Director, Newmark
- Drew Nelson
Senior Managing Director, Newmark