FRAMINGHAM, MA-The Bulfinch Companies is shelling out $4.525million for Savers|Framingham, here. The 25,000-square-footproperty is net leased by Savers for 12 years, starting in2009.
The former CompUSA was built in 1960 and has hosted ShawmutBank, among others. Savers eventually beat out fellow competitorsfor the vacant space, which included medical office and a cardealership. The seller, Commonwealth Center Associates was reppedby Robert E. Griffin, Jr. and Geoffery Millerd of Cushman &Wakefield in the deal. Savers, Inc. is a discount chain storeheadquartered in Bellevue, WA.
"This asset has been a great investment for us ofor man y yearsand we are very pleased with the oucome of this transaction," saysBrad Griffith a representative of Commonwealth Center. "We knowthat the Bulfinch Companies will do well with this property and itsnew tenant."
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