background-9-90 Corporate Center | Properties

9-90 Corporate Center

9-90 Corporate center front view

9-90 Corporate Center a mortgage which will provide financing for the acquisition and renovation a four-building office/lab campus located in Boston, MA.

The life science property is located 25 miles west of Boston at the intersection of Route 9 and U.S. Interstate 90 in Framingham, Massachusetts.

The Property is currently 81% leased to a tenant roster anchored by life science and technology users, many of which operate their headquarters or other flagship facilities on site.

The mortgage will be a structured financing execution in which the Fund originates a whole loan and then sells the A-Note, retaining the higher yielding B-Note.

The Sponsor’s planned buildout will feature 60% lab / 40% office with both biotechnology and chemical functionality. This buildout will be ideal to attract the type of biotech firms inthe 30-60k SF size range that are currently seeking space in the submarket.
Richard Kimble, Portfolio Manager

Global city:

Sego Lily, GCREIT holding
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