The single-story building totals 20,311 sf and is comprised ofoffice as well as research and development space. It is situated onnearly two acres right off Route 9 in the Natick Business Center.Scott R. Hughes, president, and Matthew Foley, associate of HughesProperties Inc., procured the buyer in the transaction, while NeilD. Ross, vice president, and Jeffrey M. Walker, vice president ofthe Staubach Co., represented Heart Rhythm Society.

According to Trammell Crow Co.'s most recent statistics,Natick's office market has an overall availability rate of 19% andits research and development market has an 18% rate. But while itsoffice market experienced a positive absorption of 23,000 sf forthe year as of April, the research and development marketexperienced negative absorption of nearly 15,000 sf.

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