Newmark recently facilitated the sale of 65 Walnut Street, a medical office building in Wellesley, Massachusetts for $24.3 million. The property was purchased by a joint venture between Sendero Capital and TPG Angelo Gordon from Wellesley/Walnut Street LLC. Spanning 67,264 square feet and fully leased to 22 tenants including Mass General Brigham and Tufts Medicine, this healthcare hub is strategically located near Newton-Wellesley Hospital and major roadways.
Represented by Newmark’s Robert Griffin, Michael Greeley, Joseph Alvarado, and Casey Valente acted as brokers for the seller while also procuring the buyer. According to Valente,”Former ownership has fostered an exceptional ecosystem of top-tier medical practices at 65 Walnut Street over several decades.” This has solidified its reputation as the go-to destination for healthcare services in Newton,Wellesley,and other affluent suburbs.
The article “Newmark Arranges $24M Sale of Wellesley Medical Office Building” originally appeared on Connect CRE.
