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SVN | Parsons Sell Hopkinton Building For $8.6M

Nov 29, 2017 | Reprints | Print

SVN | Parsons Commercial Group | Boston has sold 77 Main St. in Hopkinton.

The 55,000 square-foot office building sold for $8.6 million.

Victor Galvani of SVN represented the seller, Thomson Realty Limited Partnership, and Garrett Quinn, also of SVN, represented the buyer, Hopkinton Business Center LLC.

Located on Route 135 in Hopkinton, 77 Main St. is a fully leased office building constructed in 2000. Tenants include a dental office, a jewelry store and a specialized planning and construction company which occupies the entire third floor.

SVN | Parsons Commercial Group | Boston was hired as the exclusive listing broker for lease in 2015. After bringing the property to total occupancy, SVN was approached by ownership to begin the process of positioning the asset for sale.

“This is a stabilized asset with a strong tenant base and long-term leases,” Galvani said in a statement. “In addition, having a sophisticated buyer and seller made this a seamless transaction.”

B&T Daily