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Barings Provides $73M Loan on Needham Office Campus Acquisition

Summary by Connect CRE
Barings said Monday it has provided a $72.6 million loan to a joint venture between Cross Ocean Partners and Lincoln Property Company to support the acquisition of 140 Kendrick St., a Class A office campus in Needham, MA. The partnership acquired the campus from BXP in December 2025 in a $132-million deal brokered by Newmark “We are pleased to support Cross Ocean Partners and Lincoln Property Company in financing 140 Kendrick St.,” said Jonathan…
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Connect CRE broke the news on Monday, August 24, 2026.
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