Office Building Sale
5 Militia Drive, Lexington, MA
$4,125,000
Bruce Lee, Managing Partner of Lee Partners of New England, represented both the buyer and seller in a sale of this 22,720 sq ft office building in downtown Lexington, MA. on June 30, 2021.
The buyer was 5 Militia Drive LLC Managing partner Matthew Curtis; and the seller was Brett Douglass, Trustee of the 5 Militia Drive Trust.
The property, a three level office building on 1.5 acres, is located along with 4 other similar
offices buildings on Militia Drive and it is a short walk to the Lexington Common where the first battle of the Revolutionary war between the United States and England was fought in 1770’s.
The office building was built by Arthur and Jewell Douglass during the 1970’s and this is the first time that it has been sold to another owner.
Matthew Curtis, the new owner, was very excited to purchase this property, especially since he purchased the adjacent office property 4 Militia Drive during 2020. He feels that there are operational efficiencies having both adjacent office buildings within his growing list of commercial properties.
Bruce Lee, with Lee Partners offered that 5 Militia Drive is a very well maintained property that the Douglass family kept in excellent condition including recently upgraded infrastructure components. The two-story grand front-entranceway was originally commissioned and advocated by Jewel Douglass.
Lee commented, “This entranceway provides a first-class professional presence for the entire building – and when combined with the well-cared for and maintained landscaping, the overall first impression when visiting the property is quite impressive.”
For additional information on this property sale Bruce Lee can be reached at: Bruce@leepartners.com
