Total Mortgage Services LLC has bought an office building in Milford for $5.25 million to house its headquarters.
Milford Place Corporate Center, located at 185 Plains Road, is a 143,802-square-foot, Class A office building. Total Mortgage Services plans to consolidate its production, marketing and operations teams into the new space. The company wants to move into its new building, which is much larger than its current office, in fall 2013.
"This is a significant milestone for Total Mortgage as well as the city of Milford," John Walsh, president of Total Mortgage, said in a statement. "Total Mortgage was started in Milford 16 years ago, and we are thrilled to have found a building that meets all of our needs so we can remain part of this special community."
The purchase of Milford Place Corporate Center includes 16 acres of land and significant parking. The building has been well-maintained by its previous institutional owner with a new HVAC system and recent lighting upgrades.





