Berkeley Partners Acquires Industrial Property In Norwood, MA For $7.4M

Located at 232 Vanderbilt Ave in Norwood, MA, this industrial property has recently been sold. The transaction took place on May 14, 2021, with a sale price of $7,400,000. The property spans across 44,406 square feet, resulting in a price per square foot of $167. The seller of the property was Arris Partners LLC, while the buyer was Berkeley Partners. The deal was facilitated by the brokers Matthew Sherry and Michael Restivo from JLL.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,400,000
• Address: 232 Vanderbilt Ave, Norwood, MA
• Market: Norwood, MA
• Square Footage: 44,406
• Price per Square Foot: $167
• Seller: Arris Partners LLC
• Buyer: Berkeley Partners
• Brokers: Matthew Sherry & Michael Restivo - JLL

The transaction involving 232 Vanderbilt Ave in Norwood, MA, highlights the successful collaboration between Arris Partners LLC as the seller and Berkeley Partners as the buyer. The property, with a spacious area of 44,406 square feet and a sale price of $7,400,000, attracted attention in the market. Matthew Sherry and Michael Restivo from JLL acted as the competent brokers throughout the deal, ensuring a smooth and satisfactory transaction for both parties involved.