
Foxborough, MA Bret O’Brien and James Keefe of Greater Boston Commercial Properties, Inc. represented the seller in the $6 million sale of 225 Foxborough Blvd., a 46,839 s/f multi-tenant investment property. Greater Boston Commercial Properties also procured the buyer, who paid $128 per s/f.
Although office has become the least sought-after real estate investment in the post-COVID market, Greater Boston Commercial Properties obtained a strong price for the 78.5% leased property. Situated near I-95 and I-495 on 9.7 acres, the property was home to nine companies at the time of sale. Greater Boston Commercial Properties was the sole broker of record in this transaction.
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