Aho of O’Brien Commercial Properties reps TMX Property in $4.899m purchase

April 21, 2017 - Front Section
Joel Aho, O'Brien
Commercial Properties, Inc.

Northboro, MA Joel Aho of O’Brien Commercial Properties, Inc. represented TMX Property, LLC in the purchase of the property at 70 Bearfoot Rd. for $4.899 million. The 60,800 s/f building is fully occupied by The Hope Group who executed a long term lease as part of a sale/leaseback of the property. The buyer purchased the property as the buy side of a 1031 exchange after selling 70 Cedar Hill St. in Marlboro, as two separate condos at a total sale price of $1,743,650. Aho also represented TMX Property, LLC in the sales of the two 72 Cedar Hill St. condos while procuring the buyer directly.

In addition, Aho completed the sale of a 1.42 acre piece of vacant industrial land at 100 Bearfoot Rd. to Steven MacDonald for $195,000. Aho was both the owner and selling agent on the sale. MacDonald planned to develop the site for his landscape business.