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71 Bishop St. in Framingham, which has been approved for a storage facility development. (Google Maps)
FRAMINGHAM, MA A nearly 6 acre downtown Framingham parcel was sold recently, with plans calling for the site to be turned into a 127,000 square-foot self-storage site.
The 71 Bishop St. property was previously part of the Dennison Company s downtown campus. The building on the site was demolished in 2018, and in May 2019 the Zoning Board of Appeals granted Clinton 100 CPI LLC variances for a self-storage facility.
The property was sold in late January for $5.8 million to the Saint Louis-based real estate investment company Twain Financial Partners. Twain in turn entered into a 99-year lease with a company called Mequity Framingham LLC.