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Owners Developers & Managers
Posted: November 8, 2019
O’Brien of O’Brien Commercial Properties facilitates $2.4m sale
Northborough, MA Giroux Electrical Contractors Inc. has purchased 102 Otis St. for $2.4 million. 102 Otis St. is a 34,000 s/f flex building in the Gainsborough Industrial Park, a three-building master planned campus-style park. Eric O’Brien of O’Brien Commercial Properties Inc. exclusively represented the sellers, Otis Street LLC and San Casa LLC and O’Brien also procured the buyer.
The property was 53% leased at the time of sale. Giroux Electrical will occupy 6,000 s/f on the upper level of the building. 10,000 s/f of the single-story flex space, 60% office space, with the balance being high bay warehouse, will be available for lease. The space features both grade-level (drive-in) and tailboard loading docks.
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