Precisionary Instruments Acquires Industrial Property In Ashland, MA For $1.9M

The industrial property located at 200 Butterfield Drive in Ashland, MA has been sold in a recent transaction. The property spans 12,000 square feet and was sold for a price of $1,900,000, resulting in a per square foot cost of $158. This industrial asset is situated in a highly competitive MetroWest market and is in excellent condition, providing a unique opportunity for ownership in the area.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $1,900,000
• Square Footage: 12,000 sq. ft.
• Price per Square Foot: $158
• Address: 200 Butterfield Drive, Ashland, MA
• Market: Ashland, MA

The buyer in this transaction is George Kong, while the seller is Jane Sutton. James Keefe of Greater Boston Commercial Properties, Inc. represented the buyer, and John Eysenbach of R.W. Holmes Commercial Real Estate acted as the seller's broker. The involvement of James Keefe in this sale adds to his impressive track record, having completed over $25 million in sales and transacted on over 220,000 square feet of real estate in the past year. Additionally, John Eysenbach emphasizes the rarity of industrial product for sale in the Greater Boston area, highlighting the excellent condition and unique opportunity provided by these condo units.

The buyer, George Kong, expresses gratitude towards James Keefe for his assistance in finding the right property. Keefe's expertise helped the buyer avoid a property with title issues, ensuring a smooth and successful transaction. The acquisition of this industrial property will serve Precisionary Instruments' office, manufacturing, and storage needs.