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Framingham Office Building Sold to Boston Ownership Team

Mar 24, 2022 | Reprints | Unlock Link

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Image courtesy of Google Maps

A Metrowest office building designed by the notable architect Robert A.M. Stern has new ownership for the first time in seven years.

Paradigm Properties and North Colony Asset Management, both of Boston, paid $13 million for 111 Speen St., a 117,000-square-foot class A office building.

The seller, TA Realty of Boston, bought the property in 2015 for $22.7 million.

The new owners plan to modernize and renovate the building, with Paradigm Properties acting as property and project manager.

Building tenants include Ameresco, DTT Surveillance and Futurewei Technologies.

Kelleher & Sadowsky of Worcester and Boston has been hired as leasing agent.