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R.W. Holmes Completes Sale of Iconic Clark’s Block in Natick for $6 Million

Posted by Anne on July 2, 2024

We are proud to announce the successful sale of the historic Clark’s Block at 1-23 Main Street in downtown Natick for $6 million. The property, a well-known landmark since 1872, was sold to Clark’s Block LLC by KIC 2 Summer LLC.

Garry Holmes, President of R.W. Holmes, and Senior VP Craig Johnston led the exclusive sale process, targeting a select group of qualified investors.

“We are really pleased to complete this assignment for our client during what has become a challenging time to be listing office buildings anywhere,” said Garry Holmes. “The building’s strong fundamentals and historic charm played a significant role in attracting several interested buyers.”

Clark’s Block features 61,000 square feet with retail space on the ground level and two floors of office space.
According to Craig Johnston, “We really have to commend the ownership team at Kensington for maintaining the property in such great condition and maintaining a 95% occupancy rate.”

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