Bain Capital Real Estate sells life science portfolio for about $405 mln

Bain Capital Real Estate has sold its core life science portfolio based in Research Triangle, North Carolina in a deal valued at about $405 million. The portfolio consists of 18 buildings on four campuses. The buyer was Longfellow Real Estate Partners.

PRESS RELEASE

BOSTON – August 1, 2019 – Bain Capital Real Estate, the real estate investing business of Bain Capital, today announced it has closed on the sale of a core life science portfolio located in the heart of the Research Triangle, North Carolina, one of the top innovation hubs in the U.S.

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