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Photo courtesy of Hunneman
A Northborough life science facility leased to Sanofi Genzyme has been acquired by a joint venture of Wheelock Street Capital and Camber Development for $33 million.
The 212,000-square-foot global operations center, located on 19 acres at 11 Forbes Road, includes packaging, testing and distribution space, including high-bay storage, offices and a laboratory.
JLL’s capital markets team including Coleman Benedict, Matthew Sherry, Ben Sayles, Michael Restivo and Carbin Stall represented the buyer, while Hunneman’s Henry Lieber and Gina Barroso represented seller Capri Egm of Chicago.
JLL will represent the new owners in securing post-acquisition financing.
