R. W. Holmes Negotiates Sale of a Industrial Flex Building in Burlington, MA

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215 Middlesex Turnpike

WAYLAND, MA–R.W. Holmes, one of the largest commercial brokerage firms serving tenants and landlords in Massachusetts for more than 45 years, announced that it recently negotiated the sale of a 5,870-square-foot industrial/flex building in Burlington, MA.

Highline Construction purchased the building at 215 Middlesex Turnpike in Burlington, MA, for $1.82 million. The property was sold by Hamel & McAlister.

R.W. Holmes Vice President Mike Ogasapian represented the seller and directly procured the buyer.

Mike Ogasapian

“215 Middlesex had several suitors throughout the marketing process that needed a standalone building of this size,” said Mr. Ogasapian. “We have seen a high demand for flex/industrial users under 20,000 SF looking to own along 128’s central corridor.”

215 Middlesex is the third recorded sale in Burlington of a building under 10,000 SF to trade over $300/SF in the last 2 years. The building featured a loading dock and 13’ clear height in the warehouse area. Highline Construction will use the building for its operations as a high end home builder serving the Greater Boston area.

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