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Newton Office Sells for $2.5 Million

Posted by Anne on March 10, 2021
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R. W. Holmes Realty’s team of Dean Blackey and Elizabeth Holmes completed the sale of 580 Washington Street in Newton.  The 13,000 SF office building was owned by Catholic Purchasing Services who retained  R. W. Holmes Realty as exclusive agents in the sale.   The $2.5 million deal was structured as sale/leaseback allowing Catholic Purchasing Services to remain in their space.  

Catholic Purchasing Services is a non-profit organization that serves over 40,000 religious institutions across the United States.  They provide discounted purchasing options for office supplies, furniture, equipment, technology, and religious items.

About R.W. Holmes Realty

Since 1976, R.W. Holmes Realty has assisted corporations and investor/developers with their local, national and international real estate needs.  R.W. Holmes specializes in property leasing, investment sales, tenant representation, consulting, and asset management.   www.rwholmes.com

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  • Noteworthy Transactions

    • R.W. Holmes assists Mattress Firm with Massachusetts expansion in 142,000 SF lease in Franklin
    • Boston Dynamics and SnapDragon Chemistry take 75,000 SF of lab/R&D space in Waltham Research Park 214,356 square feet 100% leased
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    • RWH takes 55% leased 130,000 SF Class A Office building to 95% leased at 55 Old Bedford Rd in Lincoln for owner Real Capital Solutions, Denver
    • RW Holmes Fully leases a 67,000-square-foot new spec industrial building at 50 Ryan Drive, Raynham, before completion.
    • R.W. represents MathWorks in Los Angeles, Maryland, and Michigan expansions
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