Marlborough, MA Scott Hughes, president of New Dover Associates, Inc. represented the seller, CIL Cedar LLC in the sale of 225 Cedar Hill St. The property sold for $21 million. The buyer, IPG Photonics Corp., was represented by James Stubblebine, vice president of The Stubblebine Co.
225 Cedar Hill St., also known as Cedar Hill Place, is a class A, 107,520 s/f, three-story masonry, steel and glass office building on 9.56 acres.
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