SVN|Parsons Commercial Buys 36,000 SF Retail Center in Massachusetts for $3.1M

by Amy Works

ASHLAND, MASS. — SVN|Parsons Commercial Group|Boston has acquired a retail center located at 300 Eliot St. in Ashland for $3.1 million. The 36,000-square-foot property is fully leased with long-term tenants. Garrett Quinn of SVN|Parsons Commercial Group|Boston brokered the transaction. The seller was Ash Realty Trust, which originally purchased the property in 1996. SVN|Parsons owns the adjacent flex/industrial buildings: 240 Eliot Street, 250 Eliot Street, 260-270 Eliot Street, 280 Eliot Street and 290 Eliot Street. With this purchase, Parsons has expanded its Eliot Street portfolio to 279,233 square feet across six buildings, while controlling 20 acres of land.

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