Milford, MA NAI Glickman Kovago & Jacobs has facilitated the sale of 82 Prospect St. The former Bank of America building, which includes a two-lane drive-thru, is 2,400 s/f and located on 0.5 acre. Tim Whittredge, of NAI Glickman Kovago & Jacobs assisted both the seller, M.E.H Realty Trust and buyer, Central One Federal Credit Union, in the transaction. The property was purchased for $1.275 million. Central One plans to open a new branch in the location. Renovation is scheduled to begin within the next few months with plans to open the new branch in early 2023.
Central One is a not-for-profit institution with branches in Auburn, Northboro, Shrewsbury, Westboro and Worcester.
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