TK Investment Group, LLC has purchased 12 Shirley St. for $360,000. O'Brien Commercial Properties, Inc. represented the seller in the transaction, Moore Family Trust, and directly procured Innovative Medical Design, who is moving from Amherst, New Hampshire and will be occupying the building.
Also, Paul Mulroy of O'Brien Commercial Properties recently represented ownership in the sale of 1100 Gorham St. Lowell, Mass. The buyer, Test-N-Build, directly procured by Mulroy, will be redeveloping the property to incorporate retail space, warehouse space, and residential apartment space.
"The redevelopment will be a welcomed change and improvement to the surrounding community, which was expressed openly by neighbors at the city planning meetings to get approval for this project," said Mulroy. Test-N-Build ownership will immediately take over the operations of the on site party store and the expectation is to have the property fully redeveloped within one year.
Mulroy said, "This was a long process, but ultimately the right group purchased this property; all that were involved were excited to see this property close and we are anxious and excited to see the improvements Test-N-Build will make."