Marcus & Millichap has announced the sale of a small bay industrial property located at 215 Plain St. in North Attleborough, Massachusetts. The 48,000-square-foot asset was sold for $7,050,000, reflecting a price per square foot of $147. This transaction demonstrates a growing interest from sophisticated investors in small industrial facilities due to strong tenant demand and limited new supply.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $7,050,000
• Square Footage: 48,000
• Price per Square Foot: $147
• Address: 215 Plain Street, North Attleborough, MA
• Market: North Attleborough, MA

The sale of the industrial property at 215 Plain St. in North Attleborough was facilitated by Harrison Klein and James Manning of Marcus & Millichap. As representatives of the buyer and seller, they successfully closed the deal, highlighting their expertise in the industrial property market.