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News: Front Section
Posted: March 21, 2013
O'Brien Commercial Properties negotiates $1.37 million sale of 29,299 s/f building
Lexvest Parker LLC has purchased the former Digital Credit Union headquarters at 141 Parker St. 141 Parker is situated on Rte. 27 near the Sudbury line and directly in front of the proposed new Super Wal-Mart and Shoppes at Maynard Crossing. Lexvest Parker paid $1.37 million for the 29,299 s/f first class office building ($47 per s/f).
Broker, Eric O'Brien, of O'Brien Commercial Properties, said, "Is now poised to deliver competitive lease deals to area companies in need of high quality office space."
Lexvest Parker was represented by O'Brien Commercial Properties in this purchase. O'Brien will also be handling the leasing effort. Lexvest plans to remodel and reposition the building which is almost 90% available. Lexvest is a Lexington based value- add real estate developer with an expertise in commercial multi-tenant development and management.
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