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397 Williams Street, Marlborough, MA
March 2014 – Novaya, in joint venture with Odessa Marlborough, LLC, acquired this Class B+ office building vacant at a steep discount to replacement cost. The building is well located within the I-495 West submarket and offers excellent highway access as well as an attractive list of on-site amenities. Novaya’s business plan calls for a comprehensive capital investment program to address certain deferred maintenance items and better position the property to take advantage of increasing demand in Boston’s Metro West sub-market.