News:
Owners Developers & Managers
Posted: March 21, 2013
O'Brien Commercial Properties negotiates $1.37 million sale of 29,299 s/f building
Lexvest Parker LLC has purchased the former Digital Credit Union headquarters at 141 Parker St. 141 Parker is situated on Rte. 27 near the Sudbury line and directly in front of the proposed new Super Wal-Mart and Shoppes at Maynard Crossing. Lexvest Parker paid $1.37 million for the 29,299 s/f first class office building ($47 per s/f).
Broker, Eric O'Brien, of O'Brien Commercial Properties, said, "Is now poised to deliver competitive lease deals to area companies in need of high quality office space."
Lexvest Parker was represented by O'Brien Commercial Properties in this purchase. O'Brien will also be handling the leasing effort. Lexvest plans to remodel and reposition the building which is almost 90% available. Lexvest is a Lexington based value- add real estate developer with an expertise in commercial multi-tenant development and management.
MORE FROM Owners Developers & Managers
Routine Properties acquires Bristol Business Park at 383 Middle St. - 406,665 s/f industrial campus
Bristol, CT Routine Properties, a boutique real estate development and investment firm specializing in industrial assets throughout the Northeast, has acquired the Bristol Business Park, a 406,665 s/f industrial campus located at 383 Middle St.
.png)
Quick Hits
Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch
On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas
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
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala
Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers: Retail??? - by Carol Todreas
It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
 (1).png)