Crosspoint Associates offloads Natick office building for $4.5M

A three-story office building on Route 135 in Natick has sold for $4.45 million to a Waltham-based firm.

The 36,389-square-foot building located at 233 West Central St. was sold by an entity managed by Newton-based real estate firm Crosspoint Associates on Friday, according to Middlesex South Registry of Deeds records. 

The building was purchased by 296 Newton Street LLC, a Waltham-based entity managed by Ludovino and Michele Gardini, both of whom are affiliated with America One Realty & Development, also based in Waltham, according to Secretary of the Commonwealth records and Michele Gardini’s LinkedIn profile.  

Built in 1987, the office building’s tenants include offices for physicians who are part of Framingham-based Charles River Medical Associates. The building sits on 1.82 acres of land which includes a 125-space parking lot, according to a brochure for the property available on the website of Wayland-based R.W. Holmes Commercial Real Estate.

Craig Johnston and Gary Holmes of R.W. Holmes served as the listing brokers for this transaction. 

Crosspoint Associates, the seller in this transaction, made a large purchase in February when it bought an Acton shopping plaza for $21 million. 

Eric Casey is a staff writer at Worcester Business Journal, who primarily covers the manufacturing and real estate industries.