News: Owners Developers & Managers

O'Brien Commercial Properties completes three sales totaling $3.24 million

336 and 358 Baker Ave. have been sold to Jabez, LLC for $1.525 million. The property is scheduled to be remodeled and is now 85% leased. Major tenants include JF White Construction, The Concord Youth Theatre, Concord Chiropractic and a software startup, Rivelando, LLC. O'Brien Commercial Properties represented the buyer. Alson, Dr. Marcus Favero, M.D. and Dr. Esther Dechant, M.D. have purchased three contiguous office condominiums at 801 Main St. to expand their practice. The sale price was $390,000 and the buyers plan to make improvements to the real estate before opening. Eric O'Brien, president at O'Brien Commercial Props., represented the seller and procured the buyers. Brian Li, a real estate investor, has purchased the Bullard Building located at 410 Waverly St. and 12 Irving St. in Framingham. Li plans to lease the property to full occupancy and hold it for investment. The purchase price was $1.325 million and the sale was completed days before a pending foreclosure. Li was represented by O'Brien of O'Brien Commercial Props.
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