WAYLAND, MA–R.W. Holmes, one of the largest commercial brokerage firms serving tenants and landlords in Massachusetts for more than 45 years, today announced that it recently negotiated the sale of a boutique office/flex building in Natick, MA.
Located at 1 Tech Circle, the 5,871-square-foot standalone office/flex/R&D building was sold by Young Family LLC to The Legasse Group for $2.3 million, or $391.75 per square foot.
R. W. Holmes Managing Director Dean Blackey represented the seller and procured the buyer.
“Small single-story buildings like 1 Tech are becoming increasingly rare in the market, especially ones like this with roughly 25% of tail-board accessible warehouse space combined with higher-end office and showroom space in the front”, said Mr. Blackey. “The Lagasse Group provides high-end home construction, renovation, and customization work, so having a building that could both be utilitarian while providing the image they need for their clientele was essential.”
