R
.W. Holmes has completed the sale of two multi-tenant flex buildings totaling 70,000 square feet at 144-154 Rangeway Road in Billerica, MA for $6,975,000. The company represented D&B Rangeway Realty Trust, the seller, through a targeted outreach to local investors with expertise in industrial real estate. This approach generated strong interest and multiple offers, ultimately securing a sale to Juniper LLC, a Boston-based investor and developer.

    Mike Ogasapian, Senior Vice President at R.W. Holmes, led the sale process and secured the buyer. He expressed satisfaction with the outcome, citing the buildings' market potential and the company's ability to facilitate a successful transaction. R.W. Holmes is poised to assist Juniper in leasing efforts as they revamp the property into a high-quality asset.