ABG Commercial Realty  |  (617) 492 9900

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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.


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Listing Agent

Stephanie Deering

  • ABG Commercial Realty
  • This email address is being protected from spambots. You need JavaScript enabled to view it.
  • (617) 492-9900
Contact Agent

Bernard Gibbons

  • ABG Commercial Realty
  • This email address is being protected from spambots. You need JavaScript enabled to view it.
  • (617) 492-9900
Contact Agent
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