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Woburn Office Building Trades for Nearly $4M

WOBURN, MA-A 46,107-sf office deal gives the new owner a property that is more than 72% occupied in one of Boston's prime suburban markets.

By Beverly Ford | Updated on September 07, 2006

WOBURN, MA-A two-story, 46,107-sf office building in one of Boston’s prime suburban markets has sold for $3.9 million to a Brookline real estate firm.

K&L Realty picked up the 10 State St. property from an undisclosed seller. Records on file with the Middlesex County Registry of Deeds lists the seller as Atlantic Woburn Delaware II Realty LLC, which acquired the property in December 2000 for $3.5 million. The seller is an affiliate of Atlantic Management, which has a number of retail, office, industrial and residential holdings throughout Massachusetts and New Hampshire. The firm also developed Wayside Commons, a retail lifestyle center in Burlington and the 96.5-acre Lexington Technology Park in Lexington, which formerly served as the world headquarters for Raytheon Corp.

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