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Atlantic Union Conference Association Of Seventh Day Adventists Acquires Office Building In Westborough For $6.4M

Property Image
SOLD
$6,400,000

Massachusetts

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Office48,848 SF
Sold 12/13/2024
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Property Image
SOLD

Atlantic Union Conference Association Of Seventh Day Adventists Acquires Office Building In Westborough For $6.4M

287 Turnpike Road

See Similar Deals
Office48,848 SF
Sold 12/13/2024
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$131
Total Square Footage:48,848 SF
Transaction Type:Sale

The property asset involved is an office building located at 287 Turnpike Road, Westborough, MA. The building encompasses a total area of 48,848 square feet situated on 15.82 acres of land. The sale concluded for a price of $6,400,000, resulting in a price per square foot of $131.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $6,400,000
  • Address: 287 Turnpike Road
  • Market: Westborough, MA
  • Square Footage: 48,848
  • Acres: 15.82
  • Price per Square Foot: $131
  • Buyer: Atlantic Union Conference Association of Seventh Day Adventists
  • Broker: Bret O’Brien - Greater Boston Commercial Properties

Bret O’Brien from Greater Boston Commercial Properties, Inc. facilitated the sale, representing the buyer in the transaction. This engagement highlights the role of brokers in navigating property transactions within the market.

Players

Bret O'Brien
Greater Boston Commercial Properties
Bret O'Brien
13 deals$62M volume(508) 281-4811
BROKER

Details

SOLD
IMAGE: Bret O’Brien DATE: 12/13/2024 ADDRESS: 287 Turnpike Road MARKET: Westborough, MA ASSET TYPE: Office ~ ACRES: 15.82 BUYER: Atlantic Union Conference Association of Seventh Day Adventists BROKER: Bret O’Brien - Greater Boston Commercial Properties SALE PRICE: $6,400,000 SF: 48,848 ~ PPSF: $131 NOTE: Bret O’Brien of Greater Boston Commercial Properties, Inc. facilitated the sale of 287 Turnpike Rd., a 48,848 sq. ft. office building on 15.82 acres, for $6.4 million to the Atlantic Union Conference Association of Seventh Day Adventists.

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Debt Service Coverage Ratio (DSCR)

0.94x

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