Columbia buys Peabody building

August 8, 2007 12:15 PM E-mail| |Comments ()| Text size +

Columbia Massachusetts Centennial Industrial LLC has bought an office-and-warehouse building in Peabody for $12.9 million, a broker involved in the transaction said today.

The broker is Klemmer Associates, a commercial real estate firm based in Winchester.

The seller of 13 Centennial Dr., which has just over 134,000 square feet of space, was RFP Juniper, Klemmer said.

The building is fully occupied with a seven-year lease to ADP Investor Communications Services Inc., Klemmer said.
(By Chris Reidy, Globe staff)

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