Westborough retail property sells for $5.5M
Courtesy Greater Boston Commercial Properties
A Westborough retail and commercial property sold for $5.5 million only 10 days after going on the market.
A Westborough retail and commercial property sold for $5.5 million only 10 days after going on the market.
The Westborough Downtown Crossing at 57 E. Main St. sold after a competitive bidding process that resulted in East Main Street Building 57, LLC getting its asking price in just 10 days, according to Greater Boston Commercial Properties that handled the sale.
The 56,699-square-foot property contains retail and commercial, with the larger tenants being Staffier Associates, eBridge Montessori School and The Bistro, said Bret O’Brien who represented the seller along with Benjamin Gatti. The property was 77 percent occupied at the time of the sale, O’Brien said.
The buyer was Astero Management LLC. The property located on Route 30 near downtown Westborough will continue to be run as a multi-tenant property, said O’Brien.
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