News: Brokerage

Region Commercial leases 13,500 s/f building to Springfield Pharmacy LLC

Springfield, MA Region Commercial has completed the lease of 13,500 s/f at 707 State St. to Springfield Pharmacy LLC.

707 State St. was one of the Massachusetts Walgreen’s locations that was recently named to close. 

Located outside of downtown at a signalized intersection, 707 State St. offers visibility and parking options in a highly trafficked location. The building sits on a 2.02-acre lot, providing front and side parking, a drive-thru, and access from State St., Hancock St., and Monroe St.

“We’re very happy to have secured a new tenant for this location for both the owner and State St. area,” said Mitch Bolotin of Region Commercial. 

“By leasing this location to a future pharmacy provider, the building will continue to be able to serve the nearby community, as Walgreens had for many years.”

The owner of the property, Damon Lawrence, was also happy to see the building filled and with minimal downtime. “We are delighted that this new tenant and partners at Springfield Pharmacy have selected our site to provide this vital community service,” said Lawrence. “We are fortunate to have been represented in this transaction by Region Commercial. Their deep knowledge of the Springfield commercial real estate market and outstanding full service practice has resulted in a transaction that truly serves the best interests of all concerned stakeholders.”

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