SOLD
Rao Ronanki Acquires Office Building In Walpole, MA For $3.65M
2140 Boston Providence Highway
Office
45,996 SF
45,996 SF
Sold 261 days ago
Summary
Sale
MASSACHUSETTS
Office
45,996 sqft
The property involved in this transaction is an office located at 2140 Boston Providence Highway in Walpole, MA. The office spans 45,996 square feet and was sold for a price of $3,650,000, resulting in a price per square foot of $79.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3,650,000
- Square Feet: 45,996
- Address: 2140 Boston Providence Highway, Walpole, MA
- Market: Walpole, MA
The buyer in this transaction is Rao Ronanki, while the seller is Ellen Rosenfeld. The seller's representative in this deal is James Keefe from Greater Boston Commercial Properties. James played a crucial role in getting the building in front of potential buyers and ensuring effective communication and collaboration throughout the process. Despite challenging market conditions, including talks of a recession and rising interest rates, James's professionalism and attention to detail contributed to the profitable sale of the property.
Rao Ronanki, the buyer, appreciated James's responsiveness and constant communication throughout the buying process. From the initial showing to the closing day, Rao felt well-informed and supported by James. James Keefe has an impressive track record, having completed over $25 million in sales and transacted on over 220,000 square feet of real estate in the past year.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: James Keefe
DATE: 08/18/2023
ADDRESS: 2140 Boston Providence Highway
MARKET: Walpole, MA
ASSET TYPE: Office
BUYER: Rao Ronanki
SELLER: Ellen Rosenfeld
SELLER'S REP: James Keefe - Greater Boston Commercial Properties
SALE PRICE: $3,650,000
SF: 45,996 ~ PPSF: $79
NOTE FROM SELLER'S REP:
“James immediately went into action and took every step imaginable to get my building in front of as many potential buyers as possible,” said Rosenfeld. “The process was simplified through constant communication and collaboration, which culminated in a profitable sale of the property. All this while talks of a recession occupied the airwaves and interest rates were rising; not a friendly seller’s market, especially for office properties.”
“The professionalism, responsiveness, and attention to detail made the entire buying process smooth,” said the buyer Roa Ronanki. “From the first showing to closing day, James and I talked regularly, and I always felt well-informed and understood.”
In the past year, James Keefe has completed over $25 million in sales and transacted on over 220,000 Sq. Ft. of real estate.View on map
Loading...
Address2140 Boston Providence Highway
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want