News: Front Section
Posted: August 18, 2023
O’Brien and Keefe of Greater Boston Commercial Properties
broker $6 million sale of 46,839 s/f building
Foxborough, MA Bret O’Brien and James Keefe of Greater Boston Commercial Properties, Inc. represented the seller in the $6 million sale of 225 Foxborough Blvd., a 46,839 s/f multi-tenant investment property. Greater Boston Commercial Properties also procured the buyer, who paid $128 per s/f.
Although office has become the least sought-after real estate investment in the post-COVID market, Greater Boston Commercial Properties obtained a strong price for the 78.5% leased property. Situated near I-95 and I-495 on 9.7 acres, the property was home to nine companies at the time of sale. Greater Boston Commercial Properties was the sole broker of record in this transaction.
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Columns and Thought Leadership
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It’s time to get creative with closed college campuses - by Christian Koulichkov
Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in