Griffith Properties Acquires Industrial Property On Concord Road In Billerica, MA For $85M

An industrial property located at 129 Concord Road in Billerica, MA, has been sold in a recent transaction. The property is owned by Jumbo Capital Inc., with Nick Trocki and Jay Hirsh representing the seller. The buyer of the property is Griffith Properties. The sale was finalized on July 16, 2021, with a total sale price of $85,000,000.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $85,000,000
• Address: 129 Concord Road, Billerica, MA
• Seller: Jumbo Capital Inc. - Nick Trocki & Jay Hirsh
• Buyer: Griffith Properties
• Date: 07/16/2021

Nick Trocki and Jay Hirsh represented Jumbo Capital Inc. as their representatives in the deal. The successful transaction signifies the involvement of Griffith Properties as the new owner of the industrial property located in Billerica, MA.