The first tenant that committed to the project was Wendy’s International Hamburgers who agreed to a long-term ground lease and constructed a state-of-the art 2,500 square foot restaurant. This transaction occurred during the Spring of 2012. The second lot sale and user committed during July 2015 and is the anticipated future location of a Midas Auto Service and Tires. Construction has commenced during July, 2015.The final lot was sold during July, 2015 to an investor who acquired the Wendy’s ground lease and the third lot. The investor has not decided on a final plan for the third lot.
Month: July 2015
Completed a 6-year consulting assignment on 3 projects in Franklin
Rob Nahigian,FRICS,CRE,SIOR,MCR of Auburndale Realty Co., Newton, Mass. is pleased to announce that it has completed a 6 year advisory assignment on 3 projects in Franklin, Mass. during July, 2015. Rob served as the Real Estate Counselor and the counseling assignment collectively pertained to a 4 acre retail site acquired by J&J W. Central Trust, LLC in the spring of 2009 and industrial properties located at 5 and 7 Forge Parkway, Franklin, Mass.