NNN Pro Group - Marcus & Millichap Acquires FedEx Portfolio In Norwich, Mt Vernon, Warwick, Hartfield & North Haven For $18.15M

The recently closed sale involved an industrial property portfolio located in Norwich, CT, Mt Vernon, NY, Warwick, RI, Hartfield, MA, and North Haven, CT. The portfolio consists of properties located at 3 Dominican Dr, 669 S Third Ave, 255 Metro Center Blvd, 174 West St, and 347 State St. The total square footage of the portfolio is 204,579, with an average price per square foot of $89. The portfolio spans across 14.52 acres, with an average price per acre of $1,250,000. The transaction was facilitated by brokers Glen Kunofsky, Cade Kearn, Josh Kanter, and Anthony D'Ambrosia from NNN Pro Group - Marcus & Millichap.

Summary of transaction details:

• Property Type: Industrial
• Sale Price: $18,150,000
• Address: 3 Dominican Dr, 669 S Third Ave, 255 Metro Center Blvd, 174 West St, 347 State St
• Market: Norwich, CT, Mt Vernon, NY, Warwick, RI, Hartfield, MA, and North Haven, CT

The deal was closed on 08/12/2021, with a sale price of $18,150,000. The involved brokers from NNN Pro Group - Marcus & Millichap were Glen Kunofsky, Cade Kearn, Josh Kanter, and Anthony D'Ambrosia. They successfully represented the parties in the transaction, showcasing their expertise and dedication in closing the deal.