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$4.8 Million Sale of Office/Flex Property in Bedford Completed

R.W. Holmes Commercial Real Estate is pleased to announce the successful sale of an office/flex property at 4-6 Alfred Circle, Bedford. The property, encompassing 17,500 square feet, was sold for $4,812,000, or $275/SF.

R.W. Holmes Vice President, Mike Ogasapian, represented the seller, Quicsilva Properties, LLC and procured the buyer, Community Alternative Residential Environments, Inc. (CARES).

“4-6 Alfred was a unique opportunity for CARES to make use of a recent generation interior fit-out. For us, the assignment required a deep analysis of the market to determine the building’s value and then identify the right buyer,” stated Ogasapian. “The existing conditions at 4-6 Alfred will be fully utilized by CARES to provide day services for intellectually disabled adults. We could not be more pleased with the outcome for both parties in the transaction.”

Noteworthy Transactions

Albemarle Gardens, a 112-unit multifamily community in Newton, MA, sold for $29,550,000

Mattress Firm expands in Massachusetts with a 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 making Waltham Research Park 100% leased

R.W. Holmes represents MathWorks in the $16.7M, 107,000 SF acquisition of Cochituate Place, Natick

R.W. Holmes 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

R.W. Holmes fully leases a 67,000-square-foot new spec industrial building at 50 Ryan Drive, Raynham, before completion

R.W. Holmes represents The MathWorks in Los Angeles, Maryland, and Michigan expansions

Sold 2 & 3 Apple Hill, Natick for Met Life $50,000,000

R.W. Holmes Realty represents Coca-Cola in securing a new 90,000 SF building in Westborough

Sold 403 acres of land for Alstores Realty Corporation to Paramount Development (subsidiary Perini Corp.) which was developed as the Raynham Woods Commerce Center