Northborough, MA Joel Aho of O’Brien Commercial Properties, Inc. helped sell 44 Bearfoot Rd. to Solomon Pond Crossroads LLC for $4.7 million.
The property consists of a 45,000 s/f office building that was built in 2001. The building was not actively being marketed at the time of the sale, but Aho had learned about its potential availability to be sold in a conversation with the owner, Fred Daley, and helped put the fully leased investment property under agreement.
With the sales of 44 and 100 Bearfoot, an industrial building that sold at the end of April for $1.35 million, Aho has sold over $6 million in real estate on Bearfoot Rd. within a two month period.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and