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R.W. Holmes Sells Waltham Properties for $9,150,000

Posted by Anne on October 20, 2021
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Dean Blackey and Elizabeth Holmes of R.W. Holmes Realty Co., Inc. recently completed the package sale of two buildings on Calvary St. in Waltham. 154 Calvary St., a 26,000 SF flex building sold for $4,400,000 and 224 Calvary St., a 29,500 SF flex building sold for $4,750,000, each doubling their selling price from the time of purchase six years ago. R.W. Holmes was brought in to help the seller, Waltham River’s Edge LLC with a portfolio sale and introduced the buyer, btcRE to the Properties.

btcRE has plans to improve both properties making them more modern – 224 Calvary will be improved to have a more modernized brick and beam look while keeping it a flex building with the opportunity to utilize the space as office, R&D, or warehouse space. 154 Calvary will be improved and will remain a flex warehouse building. 

btcRE is a boutique commercial real estate investment and consulting firm. They bring a hands-on, institutional-caliber expertise to revitalize properties. They specialize in purchasing underutilizing, mid-sized commercial properties that are located in dense, urban settings that need a more proactive, hands-on ownership. To date, their portfolio includes properties located within Waltham and Medford.

About R.W. Holmes Realty

Since 1976, R.W. Holmes Realty has assisted corporations and investors/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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