Horvath & Tremblay Brokers Sale Of 93,270 Square Foot Industrial Property In Palmer For $3.81M

The property asset involved in the transaction is the Bell/Simons Co. facility located at 1127 South Main Street in Palmer, MA. The sale was completed for $3,811,462. The facility encompasses 93,270 square feet and is situated on 5.31 acres of land.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,811,462
• Square Footage: 93,270
• Address: 1127 South Main Street
• Market: Palmer, MA
• PPSF: $41
• Lease Type: Modified net lease
• Remaining Lease Period: Two years

The brokers involved in the transaction were Robert Horvath, Todd Tremblay, and Brad Canova from Horvath & Tremblay. They facilitated the sale of the property with Bell/Simons continuing occupancy under a modified net lease agreement.