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Business Center, Big Y Distribution Center Purchased For Nearly $20M

Dec 17, 2010 | Reprints | Unlock Link | Print

Billerica Business Center, 101 Billerica Ave. in Billerica and Tewksbury Afflliates of Brookwood Financial Partners recently closed on two separate building sales totaling $19.5 million.

The first property, Billerica Business Center located at 101 Billerica Ave. in Billerica and Tewksbury, sold for $15 million, according to a statement. The 448,616-square-foot, six-building office park is 49 percent leased.

The 217,000-square-foot Big Y Distribution Center was the second building purchased. The high-bay warehouse/distribution facility was purchased for $4.5 million and is located at 2189 Westover Road in Chicopee, according to a statement.

Ownership was represented by Richards Barry Joyce & Partners’ Frank Petz and John Wilson, partner.

Commercial & Industrial