Burlington Business Center Two, 77 South Bedford Street in Burlington, Massachusetts, is the second of two office buildings developed by Cabot, Cabot & Forbes in the mid 1980s.

The first, 67 South Bedford Street, was sold to Sumitomo in 1985 for $36.5 million ($208 PSF). Burlington Business Center Two is a 142,049 square foot institutional quality building with a four-story atrium lobby and a first class restaurant. The building fronts on Route 128, a major New England thoroughfare, at the intersection of Routes 3 and 3A, and has excellent visibility from the highway.

The office park, of which this building is a part, is considered one of the premier office parks in the Boston area. Acquired at what is generally accepted to be the low point in the real estate cycle, the building is currently worth in excess of $20 million. We sold our interest in the property in June, 1993.