Marcus Partners is pleased to announce the acquisition of a 394,000 square foot mixed use facility in Miami Lakes, Florida which was formerly occupied by Cordis Corporation. The property was acquired in a joint venture between Boston based Marcus Capital Partners Fund I, a $250M commingled fund, and Miami based, The Easton Group.

Verizon has signed a 200,000 square foot, 10-year lease at the Reservoir Woods East Campus in Waltham, Mass.

Multimillion-Dollar Investment in Verizon Technology Innovation Center Includes New Building, R&D Labs, Executive Briefing Center at Existing Verizon Technology Campus

The Boston-based real estate firm expects to formally close the vehicle at the end of the year close to $250m, targeting office, medical office and light industrial in metropolitan areas in the East US.