GBT Associates LLC Purchases Industrial Property At 115 Industrial Drive From WAM LLC For $2.95M

This transaction involves the sale of an industrial property located at 115 Industrial Drive in Northampton, MA. The property encompasses 35,829 square feet and was sold for $2,950,000, resulting in a price per square foot of $82. Previously, the site was home to Wright Architectural Millwork and features Class A office space, dock doors, and truck access. The building will continue operating as a manufacturing facility.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $2,950,000
• Buyer: GBT Associates LLC
• Seller: WAM, LLC
• Broker: Mitch Bolotin - Region Commercial
• Square Footage: 35,829
• Price Per Square Foot: $82

Mitch Bolotin represented Region Commercial in the transaction, facilitating the sale from WAM, LLC to GBT Associates LLC. The broker played a critical role in the negotiation and closing of the sale, ensuring that both parties reached a successful agreement.