August 4, 2020
Colliers International’s Southwest suburban team has brokered the $4.6 million sale of a single-story office building in Middleboro. Located at 44 Bedford St., the property was acquired by West Light Development. The seller was ABC Commercial Properties.
Additionally, the Colliers Southwest suburban team recently completed a full-building, 63,000-square-foot office sublease to The Phia Group on behalf of client and sublandlord, LoJack Corporation. The office property is located at 40 Pequot Way in Canton.
“The plug-and-play nature of the property, combined with the flexibility it offered as a sublease, was appealing to a wide audience, particularly in light of current market and business uncertainty,” said Colliers’ Ovar Osvold, who led the 40 Pequot Way deal. “The Phia Group needed a Class A, move-in ready solution and the work environment LoJack had already created at the building quickly made it stand out as the best option.”
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