Case Studies
Franklin, MA
440 East Central Street
Investment Summary
Property
16,200 SF medical office building in Franklin, MA
Pricing
Acquisition Cost: $1,900,000
Strategy
The Ownership looked to add value to a property suffering from years of mismanagement by taking on deferred maintenance improvements in an active Greater Boston submarket
Opportunity/Highlights
- The ownership committed to invest the capital needed to improve the property and secure tenants that would benefit from the medical infrastructure in place.
- Leasing team was able to secure a long-term lease with Milford Regional Hospital 60 days post-closing creating over $2,700,000 in net value immediately and bringing the property to be 100% leased.
Other Case Studies
Milford, MA
Fortune Blvd & Quarry Drive
BUILDING SIZE
230,000 SF
ASSET TYPE
Office/R&D
Hopkinton, MA
35 Parkwood Drive
BUILDING SIZE
160,000 SF
ASSET TYPE
Office/Flex
Myrtle Beach, SC
Alta Surf
BUILDING SIZE
216 units
ASSET TYPE
Multifamily