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Stabilized Westborough Flex Sells to Investment Buyer
Greater Boston Commercial Properties, Inc. brokered the sale of 108 Milk St., a 19,172-square-foot mixed-use flex building in Westborough, MA. The sale price was $2.675 million.
The transaction was brokered by Tyler DeWolfe, Ben Gatti and Nishan Papazian of Greater Boston Commercial Properties, who exclusively represented the seller and procured the buyer. The property was acquired by an investment buyer seeking stable cash flow and long-term upside in the MetroWest market.
When DeWolfe and Gatti took the listing, the property was largely vacant. The team executed a strategic lease-up plan, successfully securing multiple tenants, including Cousins Maine Lobster, Baystate Window & Siding, and Miss Lucy’s School of Dance. The stabilization of the asset significantly enhanced its income profile and positioned it for a strong investment sale.
Located half a mile from Route 9, the property features industrial bays and retail units, offering a versatile layout supporting a range of commercial uses.
- ◦Sale/Acquisition
