Nordblom Co., in partnership with Alcion Ventures, has completed the acquisition of 60 Blanchard Road in Burlington, Mass., from JAM Holdings, for $6.4 million. The purchase includes a single-story commercial/flex building totaling 50,300 square feet on 7.8 acres.
“60 Blanchard Road affords a terrific opportunity to reinvigorate an owner-occupied asset in a strong market location providing exceptional Route 128 visibility,” said Og Hunnewell, partner of Nordblom Co. “The building lends itself well to a variety of user types. In keeping with the strong Burlington marketplace, we intend to undertake upgrades to the building and site for occupancy as early as May 2020.”
The property includes 650 feet of Route 128 frontage and easy access to Routes 3 and 128.
“Both the location and high visibility of 60 Blanchard Road make it a prominent and convenient alternative for a wide range of R&D, office and lab tenants,” said Kristopher Galletta, partner of
