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FRAMINGHAM – A multi-tenant Route 30 office building in Framingham has been sold.
Representing the Seller, Marlene Aron, Senior Broker, Metrowest Commercial Real
Estate and Jonathan Gordon, Gordon RE announced the sale of 211 Cochituate Road, a
3,514 square foot, multi-tenanted office building, today, December 11.
Aron had sold 211 Cochituate to the present owner in 2001 and Gordon RE has done the office leasing at the property for many years. The two firms collaborated to make sure the seller was able to close in 2021 to avoid the possibility of an increase in the capital gains tax in 2022.
The buyer, a local law firm, was represented by Craig Johnston, RW Holmes.
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The selling price was $695,000.
The City of Framingham assessed the property in 2021 at $427,800, with the building valued at $168,000.
“The property sold within one week with competitive bidding. The new owners will be
moving their law practice into the building after renovations. Their firm specializes in special needs advocacy with many services offered for free,” said Arons. “The location, Rt. 30 signage and available first floor space made 211 Cochituate Rd. a perfect fit.”
John the Tailor will remain at the location, said Aron.
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Photo courtesy of Metrowest Commercial Real Estate
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MetroWest Medical Center