News: Front Section
Posted: October 6, 2011
O'Brien Commercial Properties completes two sales totaling $2.8m
O'Brien Commercial Properties recently comeplted three transactions:
* MIG Corp., Inc. has purchased 9 Otis St., Westborough for $1.95 million. The parcel consists of a 36,000 s/f industrial building on 49 acres of land. Joel Aho and David Curley of O'Brien Comm'l. represented the seller and directly procured the buyer for the property.
* Paul Mulroy, senior associate at O'Brien Comm'l., recently completed the leasing efforts at 275 Billerica Rd. in Chelmsford. The tenant, Pro AV Systems has leased 12,740 s/f of office and warehouse space. Mulroy represented the landlord, Shaimus LLC, and directly procured the tenant. The 55,000 s/f building is now home to two local businesses and a church.
* O'Brien Comm'l. negotiates the sale of 77 Powder Mill Rd. in Acton for $850,000. The seller, Concord Land Company LLC was represented by Eric O'Brien, president at O'Brien Commercial, while the buyer, ACD Lee Investments LLC, was represented by Mulroy. The multi-tenant property which skirts the Assabet River was in excellent condition, sold 80% leased. O'Brien is in negotiations with a tenant and buyer to take over the remainder of the building at this time.
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