Your search results

R.W. Holmes Brokers Sale of 40,000 SF Lab Conversion in Burlington for $8.8 Million

Posted by Anne on March 1, 2022

R.W. Holmes, one of the largest commercial brokerage firms serving tenants and landlords across Massachusetts for more than 45 years, today announced that it recently brokered the sale of 1 Rounder Way in Burlington, MA, for $8.8 million.

Elizabeth Holmes, Director of Corporate Services at R.W. Holmes, and Dean Blackey, Managing Director at R.W. Holmes, represented the buyer, ACCO Properties, LLC, in the transaction. The seller, Patriot Energy, was represented by Marci Alvarado, Senior Advisor at SVN Parsons Commercial Group Boston.

The two-story, 40,000 SF office building is located on a 3-acre lot. Strategically situated on Route 128 and across from Burlington Mall, the building can be converted into lab space and can be expanded up to 65,000 SF.

ACCO Properties is reviewing investment strategies for the property, focusing on converting to a lab and potentially expanding the property for the future use of one of their startups currently located in Waltham.  

“We’re pleased to find a perfect investment property for our client, who is expanding its portfolio in Greater Boston and is seeking to serve the growing needs of life sciences companies,” said Ms. Holmes.


  • News Categories

  • Noteworthy Transactions

    • RWH Assists Mattress Firm's Expansion in MA with a Major 142,000 SF Lease Agreement in Franklin
    • Boston Dynamics and SnapDragon Chemistry take 75,000 SF of Lab/R&D space in Waltham Research Park
    • RWH Successfully Represents MathWorks in a $16.7 Million Acquisition of 107,000 SF Cochituate Place, Natick
    • RWH Achieves Impressive Leasing Milestone, Boosting Occupancy from 55% to 95% for 130,000 SF Class A Office at 55 Old Bedford Rd, Lincoln for Real Capital Solutions, Denver
    • R.W. Holmes Successfully Pre-Leases Entire 67,000-Square-Foot Spec Industrial Building at 50 Ryan Drive, Raynham, Prior to Completion
    • R.W. Holmes represents MathWorks in Los Angeles, Maryland, and Michigan expansions
    • Albemarle Gardens, a 112-Unit Residential Community in Newton, MA, Sells for $29.55 Million
    • More Transactions >>

Compare Listings