Flex Building sold for $21.5 million to Griffith Properties
$21,000,000/SOLD
Transaction Description
Brokered by Associated Brokerage Group’s (ABG) Bernard Gibbons and Stephanie Deering, who represented the seller, owner/occupier Fluid Management Systems, Inc.
Buyer Griffith Properties and partner 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.
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Stephanie Deering
- ABG Commercial Realty
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- (617) 492-9900
Bernard Gibbons
- ABG Commercial Realty
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- (617) 492-9900