Sunworld Management Company Ltd. Acquires Mixed-Use Property In Marlborough For $15.1M

The mixed-use property located at 280 Locke Drive in Marlborough, MA has been sold in a recent transaction. The property spans over 238,445 square feet and was sold for a total price of $15,057,768, resulting in a price per square foot of $63. The transaction took place on 06/05/2023.

Summary of transaction details

• Property Type: Mixed-Use
• Transaction Amount: $15,057,768
• Address: 280 Locke Drive, Marlborough, MA
• Market: Marlborough, MA
• Buyer: Sunworld Management Company Ltd.
• Seller: Discoverland Investment Corp.
• Seller's Representative: Michael Welsh - Dalton & Finegold

Michael Welsh of Dalton & Finegold represented the seller, Discoverland Investment Corp., during the transaction. Welsh acted as the seller's counsel and is currently seeking a Replacement Property for a 1031 exchange. If you have any multifamily investment opportunities in the Greater Boston area, you can contact @bostonrealestateattorney.