Springfield office building sells for $29.3M
Springfield Corporate Center office building is 84% leased
The Springfield Corporate Center office building sold for $29.3 million, New York-based real estate company Newmark Group Inc. announced Wednesday.
Located at 6225 Brandon Ave., the five-story building is 138,830 square feet. The building was constructed in 1988 and renovated in 2014 and 2015 in a $2.7 million program. The property is 84% leased, primarily to government contractors like Computer Systems Center Inc., Novetta Solutions LLC, which is part of Accenture Federal Services, and Volkert Inc.
A joint venture between Artemis Real Estate and MRP Realty sold the property to Springfield-based BGP Enterprises. James Cassidy and Jud Ryan with Newmark represented the sellers.