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1 Technology Drive
SOLD

LaSalle Investment Management Acquires Industrial Property In Peabody, MA For $53.1M

1 Technology Drive

Industrial
186,591 SF
clock iconSold 205 days ago
Matthew (Matt) Sherry
Frank Petz
Rob Schlesinger
+ 3
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Summary

Sale
MASSACHUSETTS
Industrial
186,591 sqft

LaSalle Investment Management has acquired an industrial property located at 1 Technology Drive in Peabody, MA. The property was sold by BentallGreenOak for a transaction amount of $53,100,000. The industrial asset spans across 186,591 square feet, with a price per square foot of $285.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $53,100,000
  • Address: 1 Technology Drive, Peabody, MA
  • Market: Peabody, MA

The deal was brokered by Colliers International, with Frank Petz, Matthew Sherry, Rob Schlesinger, Jack Barrett, and Daniel Hincks representing the firm. Their expertise and negotiation skills played a crucial role in facilitating the successful transaction.

Players

  • All

    6

  • Agents

    5

  • Agencies

    1

Matthew (Matt) Sherry's profile picture
Matthew (Matt) Sherry
Colliers International-image
Managing Director
$991.9M Sold
Rob Schlesinger's profile picture
Daniel Hincks's profile picture
$53.1M Sold
Jack Barrett's profile picture
$169.6M Sold

Details

Deal Summary
minus icon
SOLD
IMAGE: Frank Petz, Matthew Sherry, Rob Schlesinger, Jack Barrett & Daniel Hincks DATE: 10/04/2023 ADDRESS: 1 Technology Drive MARKET: Peabody, MA ASSET TYPE: Industrial BUYER: LaSalle Investment Management (@LaSalleIM) SELLER: BentallGreenOak BROKERS: Frank Petz, Matthew Sherry, Rob Schlesinger, Jack Barrett & Daniel Hincks - Colliers International (@ColliersInternational) SALE PRICE: $53,100,000 SF: 186,591 ~ PPSF: $285

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Address1 Technology Drive

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