Framingham, MA O’Connell and Co., Inc. Commercial and Industrial Real Estate, completed the sale of 43-45 Loring Dr., Unit 4. The industrial condo unit consists of 7,081 s/f of office and warehouse with 2 rear loading doors.
Frederick O’Connell, president of O’Connell and Co. was the exclusive agent represented the seller, Belleville Realty Holding Corp. of Kearny NJ.
Scott Hughes, president of New Dover Associates, Inc. represented the buyer, 43-45 Loring Drive LLC.
The recorded selling price was $625,000.
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