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Gated Office Campus For Sale
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1 Federal Street, Springfield, MA 01105

15.3-acre office campus with 24/7 security and on-site amenities.

Property Size250,000 SF
Lot Size15.30 Acres
Days on Market240

Property Features for 1 Federal Street

General Information

Standard status Active
Size 250,000 SF
Class A
Lot size 15.30 Acres
Property subtype Office

Site & Location

Neighborhood Old Hill

Building Details

Building Size 250,000 SF

Properties For Sale

at 1 Federal Street Contact us

101-2W

Size 1,350 SF
Type Office Building
Term Negotiable
Contact us

102-2

Size 5,000 SF
Term Negotiable
Contact us

111-4 West

Size 6,640 SF
Term Negotiable
Contact us

Building 101

Size 450 SF
Type Office Building
Term Negotiable
Contact us

Building 111-4 East

Size 4,500 SF
Term Negotiable
Contact us

Building 101-3

Size 450 SF
Type Office Building
Term Negotiable
Contact us
Listing Agency: RJ Greeley Company
Listed By: Brendan Greeley
Source: Rjgco
Added: Mar 6 Changed: Oct 28 Last Checked: Nov 1 at 4:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RJ Greeley Company

Rey
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Investment Insights

Based on property information with market context.

Springfield Technology Park is a 15.3-acre gated office campus comprising 8 buildings, offering a combined 250,000 square feet of space. It is home to a variety of businesses, including professional office users, data centers, and tech-based businesses. The park provides amenities such as free parking, 24/7 security, on-site professional management, the Olde Armory Grille (offering breakfast, lunch, and catering), and conference space. The property has 800 on-site parking spaces. Springfield Technology Park is located on the historical grounds of the former Springfield Armory, less than 1 mile from Interstate 291 and 1 mile from I-91, providing excellent regional access. It is adjacent to the downtown Springfield Central Business District and 20 minutes from Bradley International Airport. The property is also minutes away from the Massachusetts Turnpike (I-90).

Key Highlights

  • Excellent highway access: Located less than 1 mile from Interstate 291 and 1 mile from I‑91, and minutes from the Massachusetts Turnpike (I‑90).
  • Benefit from 24/7 security in a gated office campus.
  • Ample parking: 800 on‑site parking spaces.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Feld Computing Computer & Electronic Repair George Ramsey Insurance Agency Shannon Ortega Insurance Agency Elizabeth Persch Insurance Agency Sodexo Take-out & Catering

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Auto Parts Store Storage Facility Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,363
Businesses Nearby

Demographics for 01105, MA

12,051
Population
5,554
Households
2.2
Avg Household Size
33
Median Age
8%
College-Educated
64%
High-School Grad
1.2 sq mi
ZIP Area
10,043
Density / Sq Mi
$22,994
Median Household Income
$24,078
Median Earnings
$976
Median Rent
$238,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - 15.3-acre office campus with 24/7 security and on-site amenities.
Where is this office building located?
The property is located at 1 Federal Street Springfield, MA.
What are key features of this property?
This property features: Excellent highway access: Located less than 1 mile from Interstate 291 and 1 mile from I‑91, and minutes from the Massachusetts Turnpike (I‑90).; Benefit from 24/7 security in a gated office campus.; Ample parking: 800 on‑site parking spaces.
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