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JLL IPT Adds Watertown Complex to Healthcare Portfolio

JLL Income Property Trust (JLL IPT) has acquired West Boston Medical Center, a medical outpatient complex located at 485 Arsenal St. in the Greater Boston suburb of Watertown, MA, for approximately $3

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Summary

JLL Income Property Trust (JLL IPT) has acquired West Boston Medical Center, a medical outpatient complex located at 485 Arsenal St.

in the Greater Boston suburb of Watertown, MA, for approximately $32 million.

The seller was not disclosed. The property totals approximately 53,000 square feet and is 100% leased to a single tenant, a leading...

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