May 10, 2012
Framingham Building Sells For $6.4M
Jumbo Capital Management, a Boston firm that focuses on distressed properties, has purchased a 33,700-square-foot Framingham office building for $6.4 million, according to NAI Hunneman of Boston, which brokered the sale.
NAI Senior Vice President Doug Jacoby said the building, at 125 Newbury St., just off Route 30, is fully leased and offers a good suburban location with plenty of parking.
The sale comes a day after two other Framingham office buildings were sold for $6.8 million.
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