Mr. Nahigian conducted a facilities evaluation and market search that included a geographic area from Western and Central MA to SE MA and Rhode Island. Springfield, Worcester, Rt. 495, SE MA and Central MA were the focus points studied. The study unveiled more than 45 sites, land and/or existing buildings with the minimum criteria of having 90,000 to 120,000 square feet with outdoor parking for over 120 cars and trucks. The property at 7-9 Latti Farm was available by the owner. The property includes over 38 acres of land with the building.
HMI also had a location in Woburn, MA at Cummings Park that it recently consolidated to Whitinsville, MA. During the site selection process, Rob Nahigian contacted MA Office of Business Development and MassEcon for guidance on possible sites, funding, financial incentives and loan packages for Woon-Tech
The renovation construction should be completed near the end of the summer, 2021. Woon-Tech expects to occupy the space in the Fall, 2021. Auburndale Realty Co. exclusively represented WoonTech. The property will be completed with renovations and reconstruction during August, 2021.
Auburndale Realty Company
Auburndale Realty Co., founded in 1949, specializes in leasing and managing rental apartments and single-family homes along the Route 128 beltway. It became the largest apartment property management company in Newton, MA. In 1960, it became one of the first real estate syndicators in Boston, specializing in apartment complex acquisitions. In 1989, Robert J. Nahigian joined the firm, with over 52 years of experience in commercial and industrial real estate. The firm has expanded its developments and holdings since 1985.
Recent Posts
- AYER, MASS. June 14, 2024
- Nahigian speaks on RIAR panel on recent NAR commission lawsuit, June 13, 2024 June 14, 2024
- Nahigian lectures at Boston University, 2024 April 4, 2024
- Nahigian to lecture for MA NAIOP April 2024 April 4, 2024