Michael Olson Of Rhino Capital Acquires Mixed-Use Asset In Boxborough For $29.5M

The property involved in the transaction is a mixed-use asset located at 80-90 Central Street, Boxborough, MA. The sale was executed for a total amount of $29,500,000. The asset encompasses 321,000 square feet, resulting in a price per square foot of $92. The property is identified as the Tech Central campus and is 91% leased to prominent tenants including AMD and Qualcomm.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $29,500,000
• Address: 80-90 Central Street
• Market: Boxborough, MA
• Square Footage: 321,000
• Price per Square Foot: $92
• Buyer: Michael Olson - Rhino Capital

Piedmont executed the sale of the Tech Central campus, achieving a gain of $1.2 million on the transaction. The buyer, Rhino Capital, is represented by Michael Olson in this deal.