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News: Front Section
Posted: September 18, 2020
Atlantic Commercial Real Estate, LLC completes $1.45 million sale
Norwood, MA Atlantic Commercial Real Estate, LLC has completed the sale assignment for the 12,310 s/f office building located at 501 Boston Providence Hwy.
Fully occupied at the time of sale. The property was sold to CJJ Holdings, LLC for $1.45 million. CJJ Holdings is an affiliate of a CPA firm who plans to hold the investment until such time that space comes available in the building for their own operations. Located on Rte. 1 The Automile, 501 Boston Providence Hwy. generated significant interest in the market, even during the market shut down caused by COVID-19.
David Linehan of Atlantic Commercial represented landlord in the sale and completed leasing of the property to 100% occupancy prior to the sale.
With a new headquarters in Foxboro, Mass. Atlantic Commercial is a leading provider of commercial real estate services in suburban Boston Area completing numerous transactions up and down and near the intersections of Rtes. 95, 495, and 24.
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