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Boston Children's Smart Financial Move | Real Estate News
Description
Boston Children’s Hospital just pulled off a savvy $62 million sale-leaseback deal off its Peabody campus, freeing up cash and shedding debt while staying put for another 30 years. The hospital leased back 114,000 square feet under a long-term agreement, ensuring uninterrupted care for patients. The buyer? An affiliate of Barings, a $500 billion asset manager, adding a high-value healthcare asset to its portfolio. A smart, win-win move that keeps services running and finances flexible.
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