Calare Props. acquires 40,500 s/f office prop. on 2.5 acres in Framingham

March 08, 2019 - Front Section

Framingham, MA Calare Properties has acquired a centrally-located boutique office property at 30 Speen St. Totaling 40,500 s/f, the five-story building sits on 2.5 acres. The asset benefits from highway frontage and signage along the Mass Pike (I-90), offering corporate brand visibility in a thriving office market. This location also provides access to multiple commuting routes, as well as amenities for dining, shopping, and entertainment.

Delivered vacant following the move of a long-term owner/tenant, the property features parking and flexible space ideal for a wide range of users. Calare will enhance the asset through a capital improvement plan. 

Calare has partnered with CBRE for property leasing.

“30 Speen presents an ideal long-term investment opportunity that perfectly complements Calare’s strategy, targeting quality assets in high-demand markets with easy access to major highways,” said Bill Manley, CEO at Calare. “We anticipate tenants will also appreciate the unique attributes of this property, as already experienced during preview tours.”

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