SVN | Parsons Commercial Group | BOSTON is pleased to announce the sale of 77 Main Street in Hopkinton, a 55,000 square foot office building for $8.6 million. Victor Galvani represented the Seller, Thomson Realty Limited Partnership, and Garrett Quinn represented the Buyer, Hopkinton Business Center, LLC.
Located on Route 135 in Hopkinton, 77 Main Street is a fully leased office building built in 2000. The building has a variety of tenants including a dental office, a jewelry store, and a specialized planning and construction company that occupies the entire third floor. In 2015, SVN | Parsons Commercial Group | BOSTON was hired as the exclusive listing broker for lease. After bringing the property to 100% occupancy, SVN was approached by ownership to begin the process of positioning the asset for sale. “This is a stabilized asset with a strong tenant base and long-term leases,” said Victor Galvani. “In addition, having a sophisticated Buyer and Seller made this a seamless transaction”.
SVN | Parsons Commercial Group |Boston is a commercial real estate firm based in Framingham, Massachusetts. The company is a leading provider of commercial real estate services including, leasing (tenant and landlord representation), investment sales, property management, development and construction management services. For more information visit: www.parsonscre.com