2 GRIFFIN WY
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Location
2 GRIFFIN WY
Mblu
40/ / 6/ /
Acct#
33035002
Owner
NBPIII GRIFFIN WAY LLC
Assessment
$66,203,600
PID
780
Building Count
2
Current Value
Assessment
Valuation YearImprovementsLandTotal
2025$52,734,000$13,469,600$66,203,600

Owner of Record
OwnerNBPIII GRIFFIN WAY LLC
Co-OwnerC/O NORTHBRIDGE PARTNERS LLC
Address401 EDGEWATER PLACE
SUITE 265
WAKEFIELD, MA 01880
Sale Price$87,650,000
Certificate
Book & Page 65689/0170
Sale Date06/16/2021
Instrument1N

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
NBPIII GRIFFIN WAY LLC$87,650,000 65689/01701N06/16/2021
GRIFFIN WAY LLC$5,584,000 24792/01290003/28/2000
GERRISH LTD PARTNERSHIP$0  /0000  

Building Information
Building 1 : Section 1
Year Built: 2001
Living Area: 122,800
Replacement Cost: $24,740,113
Building Percent Good: 127
Replacement Cost
Less Depreciation:
$31,419,900
Building Attributes
FieldDescription
Style:Office Bldg
ModelCommercial
GradeAverage +10
Stories:2 Stories
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseOFFICE BLD MDL-94
Total Rooms8
Total Bedrms0
Total Baths4
Systems Stat 
Residential Units 
1st Floor Use:3400
Heat/ACHEAT/AC PKGS
Frame TypeFIREPRF STEEL
Baths/PlumbingABOVE AVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsABOVE AVERAGE
Wall Height14.00
% Comn Wall 
Commercial Units 
# Open parking spaces 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
AOFOffice, (Average) 62,006 62,006
BASFirst Floor 53,926 53,926
SPAService Production Area 8,080 6,868
FOPPorch, Open, Finished 192 0
   124,204 122,800
Building 2 : Section 1
Year Built: 2001
Living Area: 94,200
Replacement Cost: $14,359,326
Building Percent Good: 87
Replacement Cost
Less Depreciation:
$12,492,600
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Light Indust
ModelIndustrial
GradeAverage +10
Stories:1 Story
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2Concr/Cinder
Roof StructureSteel Frm/Trus
Roof CoverMetal/Tin
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeNone
Bldg UseCOMM WHSE MDL-96
Total Rooms4
Total Bedrms00
Total Baths2
Systems Stat 
Residential Units 
1st Floor Use:316I
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingABOVE AVERAGE
Ceiling/WallNONE
Rooms/PrtnsABOVE AVERAGE
Wall Height20.00
% Comn Wall 
Commercial Units 
# Open parking spaces 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 74,200 74,200
FUSUpper Story, Finished 20,000 20,000
CANCanopy 12,300 0
   106,500 94,200

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
SPR1SPRINKLERS-WET124618.00 S.F.$131,9001
SPR1SPRINKLERS-WET94500.00 S.F.$100,0002
ELV3FRGT ELEV1.00 STOPS$38,7002
A/CAIR CONDITION14000.00 UNITS$48,2002
ELV2PASS ELEVATOR2.00 STOPS$58,8001
MEZ1MEZZANINE-UNF1250.00 S.F.$13,7002
MEZ1MEZZANINE-UNF1250.00 S.F.$13,7002
ELV2PASS ELEVATOR2.00 STOPS$60,9001

Land
Land Use
Use Code3400
DescriptionOFFICE BLD MDL-94  
ZoneINDUST
Neighborhood3030
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)644171
Frontage
Assessed Value$13,469,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
LT10W/DOUBLE LIGHT  30.00 UNITS$69,4002
PAV1PAVING-ASPHALT  200000.00 S.F.$500,0001
FN3FENCE-6' CHAIN  3000.00 L.F.$40,8001
TNK23000-10000 GAL  6000.00 GALS$6,0001
TNK23000-10000 GAL  3500.00 GALS$3,5001
CEL1CELL TOWER  1.00 UNIT$200,0001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2024$47,016,700$12,825,400$59,842,100
2023$43,068,600$12,825,400$55,894,000
2022$27,425,200$12,825,400$40,250,600

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