WAYLAND, MA — R.W. Holmes, one of the largest commercial brokerage firms serving tenants and landlords across Massachusetts for more than 45 years, announced that it has completed the sale of a 10,800-square-foot flex building in Westwood, MA.
Michael Fahy, an associate at R.W. Holmes, represented the buyer, Gate House Ventures.
Located at 34-36 Southwest Park in Westwood, the flex building was sold for $2.2 million. Neil Schneider, Executive Vice President at McCall & Almy, represented the seller, LYC Financial Group.
The new owner plans to convert the single-story building into an industrial/flex use, rather than keep it as office space. Coretelligent previously occupied the space as their business headquarters.
“We are having to get creative with our industrial and flex clients in the current market due to low inventory and high prices,” said Fahy. “This sale is an example of the outside-the-box thinking that we have had to do in order to find our clients new industrial/flex space in the current environment.”
