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

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SOLD
$151,000,000

Massachusetts

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Industrial267,000 SF
Sold 12/04/2020
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Property Image
SOLD

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

33 New York Avenue, Framingham, MA, USA

See Similar Deals
Industrial267,000 SF
Sold 12/04/2020
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Summary

MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$565
Total Square Footage:267,000 SF
Transaction Type:Sale

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.

Players

John Nasca
14 deals$726M volume(716) 417-0506
BROKER

Frank Petz
Colliers
29 deals$1.3B volume
BROKER

Oxford Properties Group
BUYER


Details

SOLD
IMAGE: Frank Petz & John Nasca⁠ DATE: 12/04/2020⁠ ADDRESS: 33 New York Avenue & 1-5 Mountain Road⁠ MARKET: Framingham, MA⁠ ASSET TYPE: Industrial/Office⁠ ⁠ SELLER: Carlyle Group / King Street Properties⁠ BUYER: Oxford Properties⁠ BROKERS: Frank Petz & John Nasca - Colliers International⁠ ⁠ SALE PRICE: $151,000,000⁠ SF: 267,000 ~ PPSF: $566

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