
Framingham, MA Coldwell Banker Commercial represented the seller in the sale of an industrial warehouse building located at 105 Irving St. The transaction was valued at $1.8 million.
Todd Glaskin, Coldwell Banker Commercial NRT represented the seller in the transaction.
The two-story building, totaling 25,345 s/f, was built in 1925 and contains 28 feet in height clearance, office space, surface parking, multiple drive-in doors, and enough parking spaces for 20 automobiles spread over two separate parcels totaling 35,567 s/f.
“Through our international marketing platform, we attracted competitive interest from owner-users, investors and developers. Warehouses and other types of industrial properties for purchase continue to be in demand for either business use or redevelopment. This downtown Framingham property lies within a federally designated Qualified Opportunity Zone and walking distance of several mixed-use and residential developments that are currently underway,” said Glaskin.
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