Barings to acquire One Patriots Park for $132m.

Barings, one of the world's largest diversified real estate investment managers, agreed to acquire One Patriots Park, a nearly 144k square foot Class A life science asset in the Boston suburb of Bedford, for $132m. "This investment is a fantastic addition to our platform and illustrates Barings' commitment to sourcing diversified opportunities in specialized asset classes. This acquisition represents our core real estate investment strategy and we're excited about future opportunities to generate value through additional conversion to lab and mark-to-market leasing opportunities," Kevin Miller, Barings Head of Real Estate Acquisitions, Eastern US.