475 Bedford Road, Lexington
Cresset acquired 475 Bedford Street in Lexington, MA in 2007. The asset is a full service health club, indoor and outdoor pool, tennis and workout facilities off Rt 128. The opportunity presented an excellent cash on cash return over the lease term plus the opportunity to redevelop the site for a higher and better use in the future.
71,000sf health club situated on 9 acres
Lexington, MA, one of greater Boston’s most affluent suburban communities
Located directly adjacent to Hartwell Avenue, a significant lab/office park, as well as Hanscom Air Force Base