Berkeley Partners Acquires Norwood Industrial Property For $7.4M

An industrial property located at 244 Vanderbilt Ave in Norwood, MA has been sold for a total price of $7,400,000. The property spans an area of 44,406 square feet, resulting in a price per square foot of $167. The transaction took place on 05/28/2021.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,400,000
• Address: 244 Vanderbilt Ave, Norwood, MA
• Market: Norwood, MA

The seller of the property was Arris Partners, LLC, while Berkeley Partners acted as the buyer. The deal was facilitated by the brokers Matthew Sherry and Michael Restivo from JLL Capital Markets.