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R.W. Holmes Realty Completes Sale of 245 West Central Street in Natick, MA

R.W. Holmes Realty, a leading, Massachusetts-based commercial real estate brokerage firm, announced that it has completed the sale of 245 West Central Street in Natick, MA, on behalf of the seller, Snap-On Corporation, for $2,350,000. South Natick Partners, LLC, purchased the 44,950 square-foot (sf) office/warehouse facility.

Craig S. Johnston, Senior Vice President at R.W. Holmes Realty, represented Snap-On Corporation, while Eric Brosler, Owner of MetroWest Commercial Real Estate, LLC, represented South Natick Partners, LLC.

“Boasting a premier location in the MetroWest market with easy access to major roads, public transit, and nearby amenities, 245 West Central Street presented a valuable acquisition opportunity,” commented Johnston. “The flexible working environment, large parking lot, and visibility from the road will be key factors when leasing the building, which is able to accommodate a variety of tenant types.”

Situated on 2.5 acres of land along Route 135, 245 West Central Street is equipped with four tailboard doors, one drive-in loading dock, and 100 parking spaces, making it an ideal setting for users requiring flex, R&D, or industrial space. The facility provides easy access to Routes 9 and 30, as well as the Massachusetts Turnpike, and sits just 18 miles from Logan International Airport. Additionally, West Natick Commuter Rail Station is located just steps away, offering an ideal location for commuters.

Notably, South Natick Partners, LLC, has planned a capital improvement campaign to renovate 245 West Central Street, and will occupy a portion of the facility.

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