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15 Pleasant Street Connector
Framingham, MA 01701
Auction:3/5 - 3/7: MetroTech 9/90 · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
92,591 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1967/1998
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
18,518 SF
Slab To Slab
13’
Building FAR
0.23
Lot Size
9.11 AC
Zoning
M
Parking
381 Spaces (4.1 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Conferencing Facility
  • Food Service
  • Signage

ABOUT 15 PLEASANT STREET CONNECTOR , FRAMINGHAM, MA 01701

Property tours are available by appointment. Please contact the listing broker to schedule a tour. Investment Highlights: Currently a sub-divisible 95,000 SF, five-story Class A building with 4.1 per 1,000 SF parking ratio Exciting and extensive redevelopment potential of the site includes a re-orientation of the access and dramatic enhancement of the visibility & presence of a new building Previously permitted for a 155,810 SF, five-story Class A building with a 3.75 per 1,000 SF parking ratio Located on Route 9, « mile away from the Route 9/I-90 (Massachusetts Turnpikes) and within 5 miles to the I-495/I-90 interchange Immediate proximity to an abundance of area hotels and amenities Investment Overview: Transwestern Consulting Group ("TCG") is pleased to offer for sale Metrotech 9|90 ("the Property" or "MetroTech"), a 95,000 SF five-story office building located at 15 Pleasant Street Connector in Framingham, MA. Built in 1967 and renovated in 1998, MetroTech provides the unique opportunity to own and reposition a highly visible, large-block of Class A office space within one of Greater Boston's tightest office submarkets over the past ten years. With the proper With the proper permits, the Property could be able to accommodate large corporate headquarters requirements ranging from 95,000 SF to 155,000 SF (could potentially be expanded by upwards of 60,000 SF) while also offering signage opportunities and an accessible location all within a state-of-the-art office environment. Located on Route 9 and a half a mile away from the Route 9 and I-90 (Massachusetts Turnpike) interchange and within 5 miles to the I-495/I-90 interchange, MetroTech is centrally located 30 minutes from Boston and Worcester. The highly accessible and amenity-rich location coupled with the lack of comparable large block office space, positions the asset well within the supply-constrained submarket. While the 16.4 million square foot I-495 West office market vacancy rate currently stands at 18.3%, there are only five properties within the entire market that can accommodate tenants seeking 100,00 SF or more. In addition, the Metrowest submarket is home to major corporate tenants such as TJX Companies, Sanofi Genzyme, Bose, Staples, among others, while offering exceptional access to a deep and qualified labor pool within the Greater Boston market.

  • Listing ID: 6474816

  • Date on Market: 3/27/2017

  • Last Updated:

  • Address: 15 Pleasant Street Connector, Framingham, MA 01701

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