Skanska to sell laboratory and office building in Boston, USA, for about USD 95 M, about SEK 620 M
Skanska is selling the lab and office property at 150 Second Street in Boston, USA. The selling price amounts to about USD 95 million, about SEK 620 million, and the buyer is Alexandria Real Estate Equities, Inc. The transaction will be recorded in the fourth quarter of 2013.The 150 Second Street project is Skanska’s first completed commercial development project in Cambridge, Boston. After acquiring development rights to the site in November of 2010, Skanska developed the three-story, 11,148 square meter, Class A, LEED®Platinum lab and office building. 150