Business & Tech

Union Square's Ames Business Park Sold

A company with mixed-use properties in Boston and Hong Kong bought the site, which counts Greentown Labs and Aeronaut among its tenants.

SOMERVILLE, MA – Ames Business Park in Somerville's Union Square is under new ownership. Development and management company Rafi Properties, which owns mixed-use properties in Boston and Hong Kong, acquired the site from JWF, LLC, according to Boston Real Estate Times.

Ames Business Park is a 300,000-square-foot mixed-use site that includes tenants such as Greentown Labs, Brooklyn Boulders and Aeronaut Brewing Co. Rafi also owns residential property in the North End, Brookline and Cambridge and counts the Chrysanthemum building in Downtown Crossing among its portfolio.

The selling price was not disclosed.

Find out what's happening in Somervillefor free with the latest updates from Patch.

Read more from Boston Real Estate Times

Image via Google Earth Screenshot

Find out what's happening in Somervillefor free with the latest updates from Patch.

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.