Cox Engineering Acquires Industrial Property In Randolph For $6.6M

The industrial property located at 15 Pacella Park Drive in Randolph, MA has been sold. The property spans a total area of 54,205 square feet and was purchased by Cox Engineering. The transaction was facilitated by Equity Industrial Partners, represented by David Linehan, Meghan Huebner, Adam Meixner, Jeremy Freid, Jordan Sneider, and Tyler Capecci of 128 CRE. The sale price for the property was $6,575,000, equating to a price per square foot of $121.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $6,575,000
• SF: 54,205
• PPSF: $121
• Address: 15 Pacella Park Drive, Randolph, MA
• Market: Randolph, MA
• Buyer: Cox Engineering
• Seller: Equity Industrial Partners
• Seller's Rep: David Linehan, Meghan Huebner, Adam Meixner, Jeremy Freid, Jordan Sneider, Tyler Capecci - 128 CRE

Cox Engineering emerged as the buyer of the industrial property, while Equity Industrial Partners acted as the seller. Representing the seller during the transaction were David Linehan, Meghan Huebner, Adam Meixner, Jeremy Freid, Jordan Sneider, and Tyler Capecci from 128 CRE. The deal was successfully closed with a sale price of $6,575,000 and a price per square foot of $121.