Turnpike Road Holdings Acquires Westborough Office Property For $19.9M

Turnpike Street in Westborough, MA, was the site of a recent office property sale. The property spans a total of 15 acres and consists of three buildings located at 110, 112, and 114 Turnpike Street. The transaction took place on 12/27/2022.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $19,900,000
• Total Square Footage: 217,288
• Price per Square Foot: $96
• Market: Westborough, MA

The buyer, Turnpike Road Holdings LLC, acquired the property from Albany Road Real Estate Partners of Boston. The deal was facilitated by brokers Philip DeSimone, Meghan Liddy, Andrew Sherman, and Ross Miner of Kelleher & Sadowsky Associates.

With this transaction, Turnpike Road Holdings LLC now owns a significant office property in Westborough, MA. The deal was concluded at a sale price of $19,900,000, with the property spanning a total of 217,288 square feet. The market value per square foot was $96.