September 17, 2018

Southborough offices sell for $14.4M

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An office building at 144 Turnpike Road in Southborough has sold for $14.4 million, less than its transaction price from 2006.

An office building on Route 9 in Southborough has sold for $14.4 million.

The nearly 9-acre property last sold in 2006 for $18.1 million, according to town property records.

Capital Group Properties, which is located just down the street at 259 Turnpike Road, bought the office building at 144 Turnpike Road. The sellers were limited liability corporations tied to CWCapital of Bethesda, Md., and Starwood Capital in Miami.

The sale closed Aug. 9. The property, with 98,000 square feet of building space, was last assessed at $12.9 million.

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