Eric Lahti Of Biotech Builders Group Acquires Industrial Property From Tim Nickerson For $1.35M
180 Stone Street
$1,350,000
$147/SF
Building Size
9,162 SF
Asset Type
Industrial
Closing
Dec 28, 2025
AI
The asset involved in the transaction is an industrial property located at 180 Stone Street, Clinton, MA. The sale was completed for a price of $1,350,000, with a total square footage of 9,162, resulting in a price per square foot of $147.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,350,000
- Buyer: Eric Lahti - Biotech Builders Group
- Seller: Tim Nickerson - N&T Mechanical Contractors
- Broker: Nate Nickerson - Fieldstone Commercial Properties
The transaction was facilitated by broker Nate Nickerson, representing the requirements of the seller, Tim Nickerson, who operates N&T Mechanical Contractors. The buyer, Eric Lahti, is associated with Biotech Builders Group, known for their focus on the biotech sector.
Clinton Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93