Boston developer buys Harvard Appleworks office complex, vacant land for $6M
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The Appleworks office park is located at 325 Ayer Road in Harvard.
A 78,000-square-foot flex office space known as the Appleworks in Harvard has sold along with an adjacent property for a total of $6 million to a Boston developer, according to the Worcester South District Registry of Deeds.
Located at 325 Ayer Road in Harvard, the office space is currently leased to Siam Pepper Thai Cuisine, Connections Physical Therapy, and Bodylines Pilates & Fitness Studio, per their respective websites. The four-acre property sold for $5 million.
Across the road, a 23-acre vacant land parcel sold for $1 million. It holds a potential 135,000 square feet of office space, according to the sale listing on LoopNet, and is zoned to allow office, lab, retail, or residential space.
The buyer was registered to Steven Goodman, founding partner of Boston-based real estate developer GFI Partners. The firm owns dozens of properties in Massachusetts, with development projects in 160 Holden St. in Shrewsbury, 150 Blackstone River Road in Worcester, and multiple endeavors in Devens.
GFI Partners was not immediately available for comment on the future of the Ayer Road property.
The two properties were sold by entities registered to Nicholas Deane of Deane Redevelopment in Boston. He bought the properties in 1999 for $738,500.
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