DivcoWest Fund Adds Tech-Heavy Complex for $395M

DivcoWest Fund Adds Tech-Heavy Complex for $395M

San Francisco-based DivcoWest, through its DivcoWest Fund IV, has purchased the 670,000-sq.-ft. One Kendall Square in Cambridge, Mass. for a reported $395 million to beef up its technology-based office holdings.

The fund was created last year to follow up from DivcoWest Fund III, which primarily owns technology-leased office and industrial property. The Kendall Square property is one of the most tech-heavy office properties on the East Coast, 91 percent leased with mo

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