Vigilant Real Estate Holdings Purchases Recycling Facility Portfolio From Rhino For $22.65M In Avon

The asset involved in the transaction is an industrial property located at 20-40 Ledin Drive in Avon, MA. The property spans approximately 123,000 square feet and was sold for a transaction amount of $22,650,000, equating to a price per square foot of $184.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $22,650,000
• Address: 20-40 Ledin Drive
• Market: Avon, MA
• Buyer: Vigilant Real Estate Holdings
• Seller: Rhino
• Square Footage: 123,000
• Price per Square Foot: $184

Rhino sold its two-building recycling facility portfolio to Vigilant Real Estate Holdings, marking a significant transaction between the two entities. This deal illustrates the ongoing activity within the industrial real estate market in the area.