News:
Owners Developers & Managers
Posted: May 30, 2013
Glickman and Cohen of Glickman Kovago & Company broker $2.5 million sale
Hecht Shrewbury LLC has purchased 910 Boston Tpke. from D&S Realty for $2.5 million. The building is a 37,600 s/f multi-tenanted industrial investment property located on Rte. 9. James Glickman and David Cohen of Glickman Kovago & Company represented the seller and procurred the buyer.
Multiple offers were received from several interested parties.
Ken Hecht of Hecht Development said, "We are very pleased to have purchased this asset with tremendous retail potential. With the addition of Wegman's in the 600,000 s/f Northborough Crossing, the New Price Chopper down the street and new BMW, Audi and Mercedes dealerships a few doors away, we feel that this stretch of Rte. 9 offers great upside and real opportunity for retail and retail oriented tenants who want to be in this section of Rte. 9 but who have until now been priced out of the market."
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