Bedford, MA Bedford North Road, LLC recently sold 41-55 North Rd. for $5.5 million to Oxford Entities, LLC. Bedford North Road, LLC, managed by Atlas Commercial Real Estate, received 5 offers for the property after completing a 36 month re-positioning program in which they obtained several medical office tenants such as Emerson Hospital, Chestnut Dental and Bedford Periodontics. The competitive buyer pool found the medical tenant base and the capital program undertaken by North Road, LLC compelling.
The property sale was represented by Jeremy Cyrier, Howard West and Leo Villanueva of MANSARD.
41-55 North Rd. is a 39,000 s/f multi-tenant medical office and professional building located near the Rte. 3 and 128 interchange. The property is home to several dental, general physician, psychology and legal practices serving the greater Bedford, Billerica, Concord, Burlington and Lexington markets.
MANSARD is a commercial real estate brokerage company that helps successful investors and companies buy, sell and lease office and industrial real estate to do one thing–grow their bottom line.