
Northborough, MA Kelleher & Sadowsky Associates has completed the sale of 50 Bearfoot Rd. to Chacharone Properties for $8.4 million. The seller was 50 Bearfoot Road, LLC.
The property is a 62,000 s/f, two-story mixed-use flex building situated on 8.54 acres. Originally built in 1988, the building features a classic flex layout, with 50% of the space dedicated to light manufacturing and warehouse use, and the remaining 50% configured for office and support functions.
Chacharone Properties is a family-owned commercial real estate firm based in Worcester, with a portfolio encompassing nearly two million s/f of office, industrial, and retail space throughout Central Mass.
Will Kelleher and Paul Matt of Kelleher & Sadowsky represented both the buyer and the seller in the transaction.
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