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85 Hayes Memorial Drive Marlborough, Ma
MARLBOROUGH, MA, FEBRUARY 5, 2009: Joel Aho, Senior Associate at O’Brien Commercial Properties recently represented the buyer in the acquisition of 85 Hayes Memorial Drive in Marlborough, MA. The 28,000 square foot building is located on 1.99 acres of industrial zoned land, and it was a fully occupied investment property at the time of the sale.
“This acquisition fits nicely into the buyer’s existing portfolio from both a geographic and property type perspective,” said Aho. “The fact that the property was 100% leased to a single tenant with a long history in the building made it all the more appealing to the new owner from a management standpoint.”
The building was originally built in 1974 and expanded in 1998. The sale price was $2,100,000 or $75 per square foot.
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