Barings and Greatland Buy Riverside Center in Newton MA

Barings and Greatland Realty Partners have joined forces to purchase Riverside Center in Boston’s 128 West submarket. The sale price was not disclosed.
Located at 275 Grove Street, the property offers 510,000 square feet of office space spread across three buildings connected by a central atrium. Current tenants include healthcare, technology and innovation companies.
Kevin Miller, head of Real Estate Acquisitions for the Eastern U.S., commented on the acquisition: “We believe this project is unparalleled in terms of its location accessibility and high-quality physical attributes that make it attractive to top-tier employers.” He went on to say that “the asset’s high occupancy since its development is proof of its strong positioning in the market.”