Oxford Properties Acquires Industrial/Office Asset In Framingham, MA From Carlyle Group / King Street Properties

The industrial/office property located at 33 New York Avenue & 1-5 Mountain Road in Framingham, MA has been sold for a price of $151,000,000. The property spans 267,000 square feet, resulting in a price per square foot of $566.

Summary of transation details

• Property Type: Industrial/Office
• Transaction Amount: $151,000,000
• Seller: Carlyle Group / King Street Properties
• Buyer: Oxford Properties
• Brokers: Frank Petz & John Nasca - Colliers International
• Address: 33 New York Avenue & 1-5 Mountain Road, Framingham, MA
• Market: Framingham, MA
• Square Footage: 267,000
• Price per Square Foot: $566

The sellers of the property were Carlyle Group and King Street Properties, while Oxford Properties acted as the buyer. The transaction was facilitated by brokers Frank Petz and John Nasca from Colliers International.