Scott Dragos, Colliers InternationalHopkinton, MA Colliers International, as representative for Wheelock Street Capital and Novaya Real Estate Ventures, recently completed the sale of 12 Parkwood Dr. for $2.93 million to AIS Development. Scott Dragos and Doug Jacoby of Colliers brokered the sale.
AIS is a Framingham-based real estate and advisory firm, whose portfolio consists of over 20 mixed-use properties throughout Massachusetts and North Carolina.
The 38,979 s/f office/flex was a build-to-suit for SCP Distributors, who remain as the sole occupant in the building.
Doug Jacoby, Colliers InternationalThe 12 Parkwood sale represents the fifth asset sold by Wheelock/Novaya out of a 14-asset portfolio acquired earlier this year.
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