BILLERICA, MA-Brookwood Financial Partners, LLC is purchasingtwo suburban properties out of special servicing for a combinedprice fo $19.5 million. The seller, REMIC Trust worked out the dealthough LNR Partners LLC, the properties' special servicer. RichardsBarry Joyce & Partners brokered the deal as the exclusive salesagent on behalf of the seller.
The six-building Billerica Business Center sold for $15 million,sending the 448,616-square-foot office and flex to its new owner.The property is currently 49% leased. The property is on theBillerica and Tewksbury border at 101 Billerica Ave.
The warehouse/distributions facility in Chicopee, MA was soldfor $4.5 million and sits at 2189 westover Rd. The Springfield,MA-based tenant, Big Y Foods, is a supermarket chain which occupies100% of the W/D.
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