News: Front Section
Posted: August 14, 2014
Galvani of Parsons Commercial completes $2.3 million sale
Parsons Commercial Group, Inc. (PCG) completed the sale of 109 Powdermill Rd. for $2.3 million. Victor Galvani, vice president at PCG represented the seller, Great Point Investors, in the sale of the 114,467 s/f single story office/R&D facility.
The building was originally owned by Digital Equipment Corp. before it was sold in the late 1990s along with several other of their properties.
109 Powdermill Road sits on 10 acres and is currently zoned industrial, which includes R&D, manufacturing, warehouse and professional uses.
The buyer, KaileyBoo LLC was also represented by Galvani.
PCG is a commercial real estate firm servicing the Suburban Boston markets. The company is a leading provider of commercial real estate services including, tenant and landlord representation, investment sales, property and asset management, development and construction management, advisory and distressed asset advisory services.
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