Quinn Completes the sale of 300 Eliot Street, Ashland MA

Quinn Completes the sale of 300 Eliot Street, Ashland MA

300-eliot-2016

Ashland, MA – May 11, 2016 – SVN® | Parsons Commercial Group | Boston, a full-service commercial real estate brokerage firm and part of the SVN® brand, is pleased to announce the purchase of 300 Eliot Street, Ashland MA. SVN® | Parsons continues to build its Ashland portfolio of quality retail & industrial properties on Eliot Street, with this prime retail center in Ashland.  The 36,000 square foot building sold for $3.1 Million and is 100% leased with long term tenants. Garrett Quinn of SVN® | Parsons Commercial Group | Boston brokered the purchase. The Seller was Ash Realty Trust who purchased the property in 1996.  Between 2001-2003, Parsons purchased the adjacent flex/industrial buildings: 240 Eliot Street, 250 Eliot Street, 260-270 Eliot Street, 280 Eliot Street, and 290 Eliot Street. With the purchase of 300 Eliot Street, Parsons expands its Eliot Street portfolio to 279,233 SF across 6 buildings while controlling almost 20 acres of land.

“We are very excited to acquire 300 Eliot Street and to add to our Ledgemere Plaza portfolio,” said John Parsons, Managing Director of SVN® | Parsons Commercial Group | Boston. “This building is the last piece of the puzzle for future redevelopment and growth opportunities.”

SVN | Parsons Commercial Group | Boston is a commercial real estate firm based in Framingham, Massachusetts. The company is a leading provider of commercial real estate services including, leasing (tenant and landlord representation), investment sales, property management, development and construction management services.

About SVN® – Sperry Van Ness International Corporation (SVNIC), a commercial real estate brokerage franchisor headquartered in Boston, Massachusetts, is one of the industry’s most recognized brands based on the annual Lipsey Top Brand Survey. With more than 190 locations in 500 markets, Sperry Van Ness Commercial Real Estate Advisors provide sales, leasing, and property management services to over 6,000 clients worldwide. SVN Advisors also represent clients in auction services, charter schools, corporate real estate, distressed properties, golf & resort, hospitality, industrial, investment services, land, medical, multifamily, office, retail, single tenant investments. All Sperry Van Ness offices are independently owned and operated.