$97 Million REIT Acquisition of 13 Separate Industrial, Commercial and Office Properties
HRPT Properties Trust
Served as local counsel in the $97M acquisition of 13 separate industrial, commercial and office properties in Berlin, Orange, Windsor and North Haven, Connecticut by HRPT Properties Trust of Newton, Massachusetts. Assisted client with extensive title, zoning and land use reviews of the subject properties, and counseled client on the various possibilities for development and the current status of the properties with regard to compliance with regulations. Firm also represented the client in the assumption of financing in connection with the acquisition.
HRPT Properties Trust is a real estate investment trust (REIT) that primarily owns and leases $5.6 billion of office and industrial properties with approximately 58 million square feet located in 33 states and Washington, D.C.