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Press Releases

Explore our latest press releases to stay informed about Tritower Financial Group's key announcements, including acquisitions, sales, and other significant company milestones.
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Photo of Tritower Financial Xchange property

Acquisition of Xchange Innovation Campus, Bedford, MA – Boston Real Estate Times

February 26, 2025
BOSTON - Shorenstein Investment Advisers, an owner and operator of high-quality office, residential, and mixed-use properties across the U.S., in a joint venture with Tritower Financial Group, a Boston-based private real estate investment firm, announced the acquisition of The XChange, a 480,000-square-foot research and development ("R&D") office park located in...
Photo of Tritower Financial Atlas property

Acquisition of Atlas Portfolio at 5909 & 5919 Sea Otter Place, Carlsbad, CA – Times of San Diego

July 7, 2022
Regent Properties has sold three commercial sites, including a Carlsbad research and development campus, for a combined $130.75 million, real estate officials said. The North County portfolio consists of Atlas, the 230,957-square-foot R&D campus, which also includes office space, along with two single-tenant corporate headquarters. Vice Chairman Aric Starck and...
Photo of Tritower Financial Trade Centre property

Sale of Trade Centre, Longmont, CO – Times-Call

May 3, 2022
Out-of-state investment firms have traded a pair of Longmont flex buildings that are home to Cambrex Corp. (NYSE: CBM) pharmaceutical manufacturing operations. Barings LLC, a North Carolina-based global investor with a finger in the commercial real estate pot, bought the almost 80,000-square-foot campus, known as the Trade Centre, for $30...
Photo of Tritower Financial Sterling Drive property

Acquisition of Sterling Drive, Boulder, CO – Daily Camera

August 15, 2021
When technology company Trimble listed for sale its building at 2300 55th St. earlier this year, the deal was too good for Tod Brainard to pass up. Trimble had purchased the 60,030-square-foot space in 2019 for $12.16 million, invested another $12 million in upgrading it - then put it on...
Photo of Tritower Financial Sterling Drive property

Acquisition of Sterling Drive, Boulder, CO – BizWest

June 22, 2021
BOULDER - Just two years after buying an east Boulder building to house its local operations, technology company Trimble Inc. (Nasdaq: TRMB) has sold the building and consolidated its Colorado operations at its Westminster campus. The consolidation means a loss of 140 jobs for Boulder, with Westminster also benefiting from...
Photo of Tritower Financial 840 Winter Street property

Sale of 840 Winter Street, Waltham, MA

January 20, 2021
The one-time Boston Celtics practice facility here along Route 128 has been purchased by Alexandria Real Estate Equities sporting a life sciences conversion vision for through Cushman & Wakefield. Click here to view the full press release.
Photo of Tritower Financial 1717 R.I. Avenue property

Acquisition of 1717 R.I. Avenue, Washington, DC

December 30, 2020
BentallGreenOak has finalized the $58.5 million leasehold sale of a 157,050-square-foot office property in downtown Washington, D.C. Tritower Financial Group acquired the building and financed the purchase with a $41.3 million seller carryback loan, according to public records. Click here to view the full press release.
Photo of Tritower Financial Walnut Street property

Sale of 3200 Walnut Street, Boulder, CO

December 9, 2020
Tritower Financial Group has sold 3200 Walnut, a four-building office/R&D complex totaling 151,384 square feet in Boulder, Colo. According to public records, the campus traded for $99 million. Invesco Real Estate acquired the property, which is occupied by Pfizer. The asset previously changed hands in August 2018, when BioMed Realty...
Photo of Tritower Financial 840 Winter Street property

Acquisition of 840 Winter Street, Waltham, MA

December 31, 2019
Boston-based investment and management firm Tritower Financial Group has purchased Healthpoint Wellness Center at Reservoir Woods West Campus in Waltham, Massachusetts, from a joint venture between The Davis Cos. and Marcus Partners for $32.1 million, or about $237 per square foot. Click here to view the full press release.
Photo of Tritower Financial West Century Drive property

Acquisition of 1315 West Century Drive, Louisville, CO

September 24, 2019
A Boston-based real estate investment and management company added to its Boulder County portfolio with the $21.2 million purchase of the GHX World Headquarters in Louisville. Click here to view the full press release.
Photo of Tritower Financial West Watkins property

Sale of 25, 35 & 45 West Watkins Mill Road, Gaithersburg, MD

August 21, 2019
A trio of Gaithersburg buildings with a heavy biotech tenant roster has sold for $53.25 million. Pasadena, California real estate investment trust Alexandria Real Estate Equities Inc. (NYSE: ARE) bought the buildings in September from Boston's Tritower Financial Group, which had purchased them just three years prior for $29.4 million,...
Photo of Tritower Financial Providence Center property

Acquisition of 10 Memorial Blvd, Providence, RI

December 21, 2018
Newmark Knight Frank (NKF) has completed the $71 million sale of 10 Memorial Boulevard in Downtown Providence, Rhode Island to Tritower Financial Group. Click here to view the full press release.
Photo of Tritower Financial Walnut Street property

Acquisition of 3200 Walnut Street, Boulder, CO

August 9, 2018
Tritower Financial Group, a Boston investment group, has bought Array BioPharma's campus in Boulder for $52.3 million from BioMed Realty, according to a Denver Business Journal report. Click here to view the full press release.
Photo of Tritower Financial One Global View property

Acquisition of One Global View, Herndon, VA

December 21, 2017
One Global View, a 217,088-square-foot office building here has sold to Tritower Financial Group, based in Boston, Mass., for $61.5 million. The nine-story building is 87% leased to five tenants and anchored by Airbus Group, which occupies 58% of the space. One Global View is the closest high-rise office building...
TFG-One-Global-View

Acquisition of One Global View, Herndon, VA

December 21, 2017
Tritower Financial Group has acquired One Global View, a 217,088-square-foot Class A office building in Herndon, Va. PGIM Real Estate disposed of the nine-story property for $61.5 million. Click here to view the full press release.
Photo of Tritower Financial 300 Riverpark property

Sale of TFG 300 Riverpark Drive REIT LLC

November 30, 2017
Tritower Financial Group has completed a swift turnaround of a high-end warehouse here leased fully to Amazon Robotics, that aspect of an extensive capital improvements campaign leading to 300 Riverpark Dr.'s $45.1 million purchase by overseas investors teamed with Lincoln Property Group. CBRE/NE negotiated the deal for a 229,000-sf facility...
Photo of Tritower Financial Station Ridge property

Acquisition of 7031, 7035 & 7037 Ridge Road, Hanover, MD

August 25, 2016
A three-building office park home to Ciena Corp.'s corporate headquarters has sold to a Boston real estate firm for $57.4 million. Click here to view the full press release.
Photo of Tritower Financial Apollo Drive property

Acquisition of 300 Apollo Drive, Chelmsford, MA

June 19, 2014
According to Cassidy Turley, a Texas-based insurance company has sold 300 Apollo Dr. to investor Tritower Financial Group for $39.4 million. 300 Apollo Dr. is a LEED silver certified, class A office building of 293,000 s/f. The seller had performed multiple renovations over the tenure of its ownership. The building...

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