AMAG Pharmaceuticals, Inc. has entered into an agreement to sell its former manufacturing facility at 61 Mooney Street in Cambridge, Mass. to 61 Mooney Street LLC.
61 Mooney Street LLC has agreed to pay $1.99 million for the property at closing, which is expected to occur on or about October 30, 2013, subject to customary closing conditions.
The Property includes approximately 43,399 square feet of land and a building containing approximately 19,000 square feet of space, as well as other improvements.
The building, which is in the Fresh Pond area of West Cambridge, is comprised of offices, conference rooms, several large open flex spaces, a large warehouse area, and a loading dock in the rear of the building, according to LoopNet.
61 Mooney Street LLC is managed by Charles J. Mabardy, according to the sales contract. MABARDY, CHARLES J., TRUSTEE, based at 50 Mooney Street in Cambridge, is the owner of the warehouse at 67 Mooney Street, according to Cambridge property records.