Brosler and Aron of Metrowest Commercial Real Estate sell industrial building for $650,000
Eric Brosler of Metrowest Commercial Real Estate representing the buyer, Wit-Sal Inc., and Marlene Aron of Metrowest representing the seller, Zartarian Realty LLC have sold of a cement block and steel 18,000 s/f retail/distribution building located at 113 Irving St. for $650,000.
The building was custom designed and constructed by Richard Schiff, owner of Framingham Motor Parts in 1972, as its sales and distribution headquarters with 5 loading docks, 2 conveyor belt systems and an expansive retail storefront.
113 Irving Street will once again be home to an auto parts retailer, namely NAPA, who will be relocating their current Rt. 9 Natick store to the more centrally located Irving St. location. NAPA will occupy the core of the building.
Brosler will represent the new owner in the leasing of the additional space following renovations.
Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary