Rhino Capital Acquires Mixed-Use Building In Chelmsford, MA For $14.5M From Foxfield

The property involved in this transaction is a mixed-use asset located at 2 Executive Drive in Chelmsford, MA. The sale was completed for $14,500,000, encompassing a total area of 113,880 square feet. The property consists of a fully leased R&D/office/lab building, with tenants including Rockwell Automation and Qorvo.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $14,500,000
• Address: 2 Executive Drive
• Market: Chelmsford, MA
• Square Footage: 113,880 SF
• Price Per Square Foot: $127
• Buyer: Rhino Capital
• Seller: Foxfield
• Broker Representatives: Casey Valente, Edward Maher, Jim Tribble, Joseph Alvarado, Matthew Pullen & Robert Griffin - Newmark

This transaction was facilitated by Newmark, highlighting the involvement of prominent professionals in the brokerage field, specifically representing the interests of both the buyer and the seller during the closing of this significant deal.