Boston Properties, Inc. (NYSE:BXP) agreed to acquire Shady Grove Bio+Tech Campus in Rockville, Maryland from Lantian Development LLC for approximately $120 million on June 7, 2021. The transaction is expected to close in quarter three of 2021 or in August, 2021. Tommy Cleaver, Dan Grimes, and Stuart Kenny of CBRE represented Lantian Development. Boston Properties, Inc. (NYSE:BXP) completed the acquisition of Shady Grove Bio+Tech Campus in Rockville, Maryland from Lantian Development LLC on August 2, 2021. The purchase price will be funded through available cash and funds from BPLP?s 2021 Credit Facility.