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R.W. Holmes Completes Five Sales Transactions in Q1   

Posted by Anne on May 8, 2023

R.W. Holmes completed five sales transactions ranging from office to industrial in Greater Boston during the first quarter of this year.

“Despite an uptick in interest rates and a potential slowdown in the economy, we completed five successful sales during the first quarter in Greater Boston,” said R.W. Holmes Vice President Mike Ogasapian. “Owner-occupied demand for flex/industrial real estate is still high. We also continue to see industrial leasing demand from users fueling development demand.”

Here are some of the sales transactions completed by R. W. Holmes during the first quarter of this year:

  • 40 Speen Street, a four-story office building in Framingham, was acquired by RCP, LLC, and was sold by LMF Franklin Corp.
  • 165 Flagship, a 35,000-square-foot industrial/light manufacturing building in North Andover, was purchased by Legends Gymnastics, a local gymnastics academy with deep roots in the North Andover community.
  • 40 Commerce Way, a land sale for a 65,800-SF industrial/manufacturing building in Tewksbury, was acquired by Rhino Capital.
  • GNS Realty Trust sold 189 Boston Post Road in Marlborough to Delca Real Estate Holdings.
  • In addition, R. W. Holmes brokered the sale of two boutique buildings in Waltham: 20-25 Green Street.
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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
      • R.W. Holmes represents MathWorks in the $16.7M, 107,000 SF acquisition of Cochituate Place, Natick
      • 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
      • More Transactions >>

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