Framingham Office Building Sells For $13 Million

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.

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