December 23, 2002
DEVELOPMENTS
C&W Brokers $12.2M Marlborough Sale
The RREEF funds has acquired 34 St. Martin Drive
in Marlborough
from Taurus New England Investments Corp. Totaling 203,000 square feet, the single-story flex building traded for $12.2 million.
Robert E. Griffin Jr., Richard F. Herlihy and Christopher T. Griffin of Cushman & Wakefield’s Financial Services Group represented Taurus in the sale and procured the buyer. Benefiting by the recent opening of a $13 million interchange to Interstate 495 nearby,
34 St. Martin Drive
also attracted interest due to its 100 percent occupancy to such tenants as Telvista and Accutech Plastics and the building’s location in a well-established flex park.
©2002 The Warren Group, Inc. |
