GSA Announces that Bedford Hangar Sale has been Completed

The sale of the former Navy hangar at the edge of Hanscom Field has been finalized. Recent brush cutting allows a clear view of the structure from Gate 17 – Image (c) JMcCT, 2019 all rights reserved – Click to view a larger image

Compiled by The Bedford Citizen

The Bedford Citizen learned, according to a press release received from the Government Services Administration (GSA) on Monday, June 3, 2019, that “As part of its mission to deliver value and savings in real estate, acquisition, technology, and other mission support services across the government, [the GSA] recently closed on two real estate auctions, and conveyed the properties to the respective high bidders.

“The Bedford Navy Hangar, in Bedford, Massachusetts, sold for $9,040,000, while a former Navy Chapel and Community Center in Groton, Connecticut, sold for $239,088. Proceeds from these sales will be returned to the U.S. Navy.

“Both properties were sold by online auction as part of GSA’s ongoing efforts to dispose of excess properties, saving money and making more efficient use of the government’s real estate assets.” Click this link to view the complete GSA press release

Town Manager Sarah Stanton revealed the name of the buyer, Charles Patsios, during the Selectmen’s meeting on February 25, 2019.

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