128 CRE is pleased to offer the opportunity to acquire 77-79 Wexford Street in Needham, Massachusetts. The property comprises a 21,912 SF flex building situated on 1.02 acres within one of New England’s strongest suburban markets. Fronting both Wexford Street and Charles Street,77-79 Wexford Street is fully leased to AT&T, Schlage Lock Company, and Saltwoods, a custom furniture designer and manufacturer. Each of which has meaningful lease term remaining and the property represents a compelling opportunity for a 1031 exchange buyer, income-oriented investor, or potential redeveloper. A value-add opportunity exists through potential rental rate upside and the benefits of the Town of Needham’s up zoned district may also provide an opportunity for future redevelopment.
Listing courtesy of Listing Agent: Douglas Adamian from Listing Office: 128 CRE.
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