72,050 SF, Two-Story Medical Office Building – Officially Sold on June 11, 2025
Chelmsford, MA: O’Brien Commercial Properties is pleased to announce the sale of The Chelmsford Medical and Surgical Center, located at 321 Billerica Road in Chelmsford, Massachusetts under their exclusive representation. The 72,050 SF, two-story medical office building was officially sold on June 11, 2025.
O’Brien Commercial Properties represented the seller, Vanderbilt Norwood LLC, and brought the asset to market in mid-January 2025 directly procuring the buyer. The property traded for $9,041,800 to Albany Road Real Estate Partners.
Senior Associate, Rob McGarry led the brokerage team on this transaction. “We partnered with the Vazza Real Estate Group to execute a successful lease-up and exit strategy for 321 Billerica Road, ultimately achieving 91% occupancy at the time of sale,” said McGarry. “It was a pleasure working with both Vazza and the buyer, Albany Road, throughout the transaction.”
McGarry successfully positioned the asset in a competitive market, actively marketing it for just 3 months and closing in 6 months. The medical building’s high occupancy, combined with Chelmsford’s thriving local economy, educated workforce, and proximity to both the Boston metro area and Southern New Hampshire, made it an especially attractive investment opportunity.
For more information please contact:
ROB MCGARRY | Senior Associate
978.209.3211
rob@obriencommercial.com
O’Brien Commercial Properties is committed to providing innovative solutions through a personal and individualized approach. With over 35 years of presence in the Greater Boston market, OCP has consistently delivered exceptional levels of service and solutions for clients. Guided by our commitment to fostering long-term relationships, we pride ourselves on our tenacious approach to serving clients, with character, integrity and the relentless pursuit of their vision.
Since 1998, OCP has maintained a strong reputation and expertise in the brokerage and management of industrial, office and land properties in Central New England, Rhode Island, and New Hampshire.
