Carleton Drive Property Owner, LLC Acquires 83,000 SF Industrial Building On 14.6 Acres In Georgetown, MA For $4.5M

A 83,000-square-foot industrial building on 14.6 acres in Georgetown, MA has been sold for $4.5 million. The property, located at 16 Carleton Drive, was purchased by Carleton Drive Property Owner, LLC from B&R Realty Trust. The sale price equates to a price per square foot of $54.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $4,500,000
• Square Footage: 83,000
• Address: 16 Carleton Drive, Georgetown, MA
• Market: Georgetown, MA
• Buyer: Carleton Drive Property Owner, LLC
• Seller: B&R Realty Trust
• Buyer's Rep: Danny Cruz, David Stubblebine & James Stubblebine - The Stubblebine Company
• Seller's Rep: Anthony Triglione & Chris Everest - Nordlund Associates

The Stubblebine Company/CORFAC International facilitated the transaction, representing the buyer in the deal. The industrial property presents attractive investment potential, situated on a sizable 14.6-acre lot in Georgetown, MA.