News: Front Section
Posted: September 12, 2007
Klemmer Associates rep. Osram Sylvania in $3.7m 10-acre sale
Klemmer Associates, LLC represented Osram Sylvania in the sale of 10 acres of land to Brightview Danvers, LLC Inc. for $3.7 million.
Brightview will be constructing a 160 unit senior living facility. The parcel was originally part of Osram's headquarter site, which totaled 315,000 s/f and 59 acres. Osram sold the site, less the 10 acre piece, on a sale leaseback to Nordic Properties in 2004. Nordic then sold the property to Partners Health Care who will be constructing a 208,000 s/f medical facility.
Philip Nievergelt represented Brightsview in the purchase of Osram's remaining land.
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The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
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