BOSTON–Boston-based investor MLL Capital announced that they have selected JLL as their exclusive leasing agent for Baldwin Medical Center, 7 and 12 Alfred Street, a 112,000 square-foot, two-building medical office park in Woburn, MA.
The two buildings recently underwent extensive upgrades including new infrastructure, substantial sitework including the addition of a covered patient drop off and enhanced signage to improve visibility and rebranding as a premier medical park in the suburban Boston market.
“Baldwin Medical Center is being marketed solely to medical practices with the plan to create a diverse provider ecosystem that allows patients to receive much of their medical care within the two-building project, making it a truly unique medical office experience,” said Wyndsor DePetro, Principal at MLL Capital. “New practices that locate at the property will benefit from onsite imaging and lab services, and significant patient volumes from an ecosystem that already includes Beth Israel Lahey Health, Tufts (Wellforce) and Woburn Pediatrics, among others.”
The recently renovated Baldwin Medical Center is ideally accessible via the adjacent Exit 35 off of Interstate 95, 2 miles from Lahey Medical Center and 3 miles from Winchester Hospital, as well as being in close proximity to upscale communities such as Burlington, Winchester, and Stoneham. The building provides practices in the North suburban medical community direct access to a dense population of highly insured patients.
“With large blocks of medical office space of up to 50,000 SF in an extremely sought after North suburban market, Baldwin Medical Center offers a special chance for medical practices looking to locate to a community of complimentary providers,” said JLL Managing Director, Steve Cook. “We’re excited to expand our partnership with MLL Capital to find the perfect tenants for this unique space.”
The JLL team on the assignment is comprised of Managing Director Steve Cook, Vice President Jordan Yarboro and Associate Carly Kiernan.
Founded in 2016, Boston-based MLL Capital has built a portfolio of investments under management that includes 1514 fourteen buildings located in Illinois, Massachusetts, Minnesota, North Carolina, Tennessee, Texas and Virginia totaling more than 1 million square feet.