Billerica, MA Ben Gatti and Bret O’Brien of Greater Boston Commercial Properties, Inc. (GBCP) sold the flex building located at 34 Linnell Circle for $1.9 million.
GBCP was the sole broker of record representing the seller, Gary Finizio, while directly procuring the buyer, The Global Evangelical Church, Inc.
The 27,000 s/f building sits on 1.92 acres and was 40% leased at the time of sale.
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