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News:
Owners Developers & Managers
Posted: January 10, 2025
Keefe and Papazian of Greater Boston Commercial Properties
Inc. sell Pope Industrial Park for $6 million
Holliston, MA James Keefe and Nishan Papazian of Greater Boston Commercial Properties Inc. (GBCP) have completed the sale of the 34-acre Pope Industrial Park. GBCP exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $6 million.
The 11-parcel campus located off Rte. 16 contains nine buildings totaling 84,199 s/f and is home to 16 tenants including a billboard and a cell tower. In the rear of the park sits 22 acres of undeveloped land.
The buyer, John Dudley, said, “James and Nishan worked relentlessly to complete the purchase of a pretty complicated transaction of this multi-tenant industrial park for us. Very few brokers could have pulled this off. We highly recommend them.”
The seller, Dan King, who owned the park for over 20 years, said, “It was a complicated transaction, with nine buildings, 11 parcels, 16 tenants, and 22+ acres of land with development potential, but GBCP was able to keep it on track through several twists and turns to a successful closing.”
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