Flex Building sold for $21.5 million to Griffith Properties
$21,000,000/SOLD
Transaction Description
Watertown, MA Griffith Properties and partner, a fund controlled by DRA Advisors, have acquired a 145,000 s/f flex/industrial property located at 580 Pleasant St. for $21.5 million. The property will undergo a gut renovation and will be converted into class A laboratory building in this burgeoning life science market. The deal was brokered by Associated Brokerage Group’s (ABG) Bernard Gibbons and Stephanie Deering, who represented the seller, owner/occupier Fluid Management Systems, Inc., and procured the buyer in the transaction.
If you would like to send this property to a friend that you think may be interested, please complete the form below. To send this property to multiple friends, enter each email separated by a comma in the 'Friends Email' field.
Please complete the form below to request a showing for this property. We will review your request and respond to you as soon as possible. Please add any additional notes or comments that we will need to know about your request.
Stephanie Deering
- ABG Commercial Realty
- This email address is being protected from spambots. You need JavaScript enabled to view it.
- (617) 492-9900
Bernard Gibbons
- ABG Commercial Realty
- This email address is being protected from spambots. You need JavaScript enabled to view it.
- (617) 492-9900