Jim Chacharone Of Chacharone Properties Acquires Mixed-Use Building In Northborough For $8.4M

The property involved in the transaction is a mixed-use asset located at 50 Bearfoot Road in Northborough, MA. This property encompasses 62,000 square feet and sits on 8.54 acres, with a functionally divided space for light manufacturing/warehouse and office use. The sale was completed at a transaction amount of $8,400,000, equating to a price per square foot of $135.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $8,400,000
• Address: 50 Bearfoot Road
• Market: Northborough, MA
• Square Footage: 62,000
• Acres: 8.54
• PPSF: $135
• Buyer: Jim Chacharone - Chacharone Properties
• Seller: 50 Bearfoot Road, LLC
• Brokers: Will Kelleher & Paul Matt - Kelleher & Sadowsky

The transaction involved Jim Chacharone representing Chacharone Properties as the buyer, while 50 Bearfoot Road, LLC was the selling entity. The brokerage firm Kelleher & Sadowsky facilitated the deal, showcasing their services in brokering significant property sales within the market.