Calare Properties Completes Sale of 40,000 SF Lab Space in Billerica, Mass.

Calare Properties (Calare), a private Massachusetts-based real estate investment firm and operator, announced today that it has sold 749 Middlesex Road in Billerica, Mass. for $6.2 million, with a lease extension in place to tenant RainDance Technologies, Inc. Calare originally purchased the vacant 40,000 SF suburban lab facility in 2013 for $3.3 million while concurrently [...]