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News:
Owners Developers & Managers
Posted: June 15, 2018
Conrad and McEvoy of The Conrad Group complete $1.75m sale on behalf of seller, DiVen Properties, Inc.
Stoughton, MA The Conrad Group, Inc. negotiated the sale of 10 Cabot Place on behalf of the seller, DiVen Properties, Inc. The 17,500 s/f, four-story office building is located off of the Rte. 139/Rte. 24 intersection.
Presently, the building is home to Envision Bank (formerly Randolph Savings Bank). The new owner, Geoff Wilkinson, does not plan any major alterations to the property.
Robert Conrad, president and James McEvoy, senior vice president of The Conrad Group handled the sale. The Conrad Group represented both the seller and the buyer.
According to the Registry of Deeds, the property sold for $1.75 million.
Conrad said, “This investment was a perfect fit for the buyer as it checks off all of the boxes that a sound building acquisition entails.”
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