Goggins Real Estate relocates to former Bank of America branch site



Last modified: Thursday, August 06, 2015

NORTHAMPTON — Nearly two years after the Bank of America closed its branch on 79 King St., Goggins Real Estate relocated its headquarters to the one-acre site last week.

The real estate offices were previously located at 8 Main St. in Florence.

“We were happy tenants in our Florence location, but when our lease ended it made sense for us to take advantage of the 79 King St. building,” Realtor Patrick Goggins said. Goggins has owned the building since 1988.

The relocation is hardly a surprise, as Goggins had been preparing to move his real estate agency to the former Bank of America branch site for a long time. When Bank of America announced it was closing its King Street branch in late 2013, Goggins confirmed that he planned for more than a year to redevelop the site.

The project initially called for construction of a 14,000-square-foot apartment building consisting of four floors behind the former Bank of America branch, near the Manhan Rail Trail. Six apartments would fill the upper three floors while the ground floor would be reserved as space for Goggins Real Estate offices. Goggins also planned to deconstruct the former Bank of America branch and replace it with a 3,700-square-foot building housing a new bank branch.

Back then, several banks expressed interest in opening a branch at the site. Goggins said the demolition project would be put on hold until construction for the new apartment building was complete, which at the time was expected to be in 2014.

Details of the project changed during those two years, Goggins said. Goggins Real Estate moved to the site as planned, but instead of the new apartment building — which has yet to be constructed — the agency now occupies the space where the Bank of America branch used to stand. The new apartment building is still in the works, Goggins said, but development plans were halted for the time being.

Goggins added that when no other banks moved forward to open a branch at the site, he decided to move his agency into the building, which underwent extensive renovations by Wright Builders, a Northampton-based construction firm.

“It was completely retrofitted to make it energy efficient,” Goggins said. “We are delighted with the transformation.”

Wright Builders incorporated a rainwater collection cistern for water conservation purposes, among many other green elements. The King Street building was also repainted and had its interior redesigned.

Since its founding in 1982 by Goggins himself, Goggins Real Estate served clients at 222 King St. and 71 King St., each for roughly ten years, before moving to Florence in 2005. Goggins pointed out that he and his agency team are excited to return downtown.

“We’ve got plenty of parking, and people are finding it very convenient to get to us here,” Goggins said. “And it’s great to be so visible.”

The real estate agency’s new address is next to its old headquarters, now the home of Whalen Insurance Agency.

The Goggins Real Estate team includes 13 realtors, each one aiding clients with selling or purchasing homes in several area counties, including Hampshire, Franklin, Berkshire, and Hampden.


 


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