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News:
Owners Developers & Managers
Posted: July 26, 2024
Ogasapian of R.W. Holmes Realty handles $4.812 million sale of office/flex property
Bedford, MA R.W. Holmes Realty has completed the sale of an office/flex property at 4-6 Alfred Circle. The property, encompassing 17,500 s/f, was sold for $4.812 million, or $275 per s/f.
R.W. Holmes vice president, Mike Ogasapian, represented the seller, Quicsilva Properties, LLC and procured the buyer, Community Alternative Residential Environments,Inc. (CARES).
“4-6 Alfred was a unique opportunity for CARES to make use of a recent generation interior fit-out. For us, the assignment required a deep analysis of the market to determine the building’s value and then identify the right buyer,” said Ogasapian. “The existing conditions at 4-6 Alfred will be fully utilized by CARES to provide day services for intellectually disabled adults. We could not be more pleased with the outcome for both parties in the transaction.”
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