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Fahy of R.W. Holmes Sells Westwood property – $2,200,000

R.W. Holmes, one of the largest commercial brokerage firms in Greater Boston for over 45 years, today announced that it has completed the sale of a 10,800-square-foot flex building in Westwood, MA.

Michael Fahy, an associate at R.W. Holmes, represented the buyer, Gate House Ventures.

Located at 34-36 Southwest Park in Westwood, the flex building was sold for $2.2 million. Neil Schneider, Executive Vice President at McCall & Almy, represented the seller, LYC Financial Group.

The new owner plans to convert the single-story building into an industrial/flex use, rather than keep it as office space. Coretelligent previously occupied the space as their business headquarters.

“We are having to get creative with our industrial and flex clients in the current market due to low inventory and high prices,” said Fahy. “This sale is an example of the outside-the-box thinking that we have had to do in order to find our clients new industrial/flex space in the current environment.”

About R.W. Holmes

Based in Wayland, MA, R.W. Holmes is consistently ranked as one of Massachusetts’s largest commercial real estate brokerage firms. Founded in 1976, R.W. Holmes assists companies—from startups to Fortune 500—investors, owners, and 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.

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