O’Brien of Greater Boston Commercial Properties completes two sales totaling $3.35 million and 51,267 s/f

March 24, 2017 - Front Section

Holliston, MA Bret O’Brien of Greater Boston Commercial Properties, Inc. (GBCP) completed two sales totaling $3.35 million and 51,267 s/f.

The first at 123 Washington St. in Holliston is a 38,161 s/f former manufacturing building with three tenants occupying 21% of the building and the balance available for lease. O’Brien and Tyler DeWolfe of GBCP were the sole brokers of record representing the seller and directly procuring the buyer, Peter Jin. The $1.15 million acquisition was a cash transaction with no financing.

The second sale at 155 Middlesex Tpke. in Burlington is a 13,106 s/f office building located near the Burlington Mall and Rte. 128. O’Brien represented the buyer Ovitas, Inc. who plans to retain several existing tenants and relocate its offices to the vacant space from a nearby leased premises. The sale price for 155 Middlesex Tpke. was $2.2 million.

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