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180 Stone Street

Eric Lahti Of Biotech Builders Group Acquires Industrial Property From Tim Nickerson For $1.35M
SOLDIndustrial

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.

Players

Nate Nickerson

Fieldstone Commercial Properties

Broker

$27.9M

vol

13 deals

Broker

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