Rao Ronanki Acquires Office Building In Walpole, MA For $3.65M

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.