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R.W. Holmes sells Cabot Woods

Posted by Anne on November 3, 2010

R.W. Holmes Realty Co., Inc. is pleased to announce the sale of 2 Cabot Road, Hudson, Massachusetts to Cabot Woods LLC, a subsidiary of K & L Realty LLC of Worcester. R.W. Holmes represented K & L in the $3,875,000 purchase.

Ideally located next to the intersections of I-290, I-495, Routes 85 and 20, 2 Cabot is a first-class, red brick office-R&D building with tinted ribbon windows and a dramatic atrium lobby.  With two stories and 147,000 square feet on an 18.4 acre beautifully landscaped wooded campus, it has ample parking and numerous area amenities.

K & L Realty plans extensive upgrades including a redesigned lobby and new HVAC system. The office park is also re-branded with the name of “Cabot Woods”.  George K. Tonna, president, stated, “Cabot Woods is an ideal setting with enormous value to tenants. It offers very affordable class A office and R & D space, plus employees can either do a nature walk or stroll to the nearby drugstores, supermarkets, or restaurants.” VMY Vitols Architects of Needham is overseeing the renovations.

A value-added investor, K & L Realty has provided high quality, high value office space throughout the northern submarkets and metrowest since 1983. Garry Holmes, SIOR of R.W. Holmes Realty Co., Inc. represented the K & L Realty while Jim Thompson and Doug Jacoby of Newmark Knight Frank represented NB MS Cabot LLC (Seller).

The team of Garry Holmes, Bill Sullivan, and Craig Johnston of R.W. Holmes Realty were named as the exclusive marketing agent to lease the remaining 110,000 SF.

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