Framingham Office Building Sells For $13 Million

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FRAMINGHAM – A Framingham office building, which is the world-wide headquarters for Ameresco, has sold for $13 million.

North Colony Asset Management and Paradigm Properties purchased the 111 Speen Street property.

Worcester-based real estate firm Kelleher & Sadowsky Associates, Inc. brokered the deal

Other clients in the 117,000 square foot building are DTT Surveillance and Futurewei Technologies.

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Paradigm Properties will oversee significant renovations and provide ongoing property management at the site, according to Kelleher & Sadowsky’s press release.

The property includes 350 parking spaces and is located right off the Mass Pike exit to Route 30, on the Natick & Framingham line.

Boston-based Paradigm Properties purchased the building in 2015 for $22.7 million.

The City of Framingham has the property assessed at $19.981 million, with the building worth about $16 million