Appliance Company Acquires Industrial Building In Fitchburg For $2.7M

An industrial property located at 25 Newport Street in Fitchburg, MA, was recently sold in a transaction facilitated by Benjamin (Ben) Gatti of Greater Boston Commercial Properties. The property consists of a 58,000-square-foot industrial building on 4.76 acres of land.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,700,000
• Square Footage: 58,000
• Price per Square Foot: $47
• Address: 25 Newport Street, Fitchburg, MA
• Market: Fitchburg, MA
• Broker: Benjamin (Ben) Gatti - Greater Boston Commercial Properties

The sale was completed to a buyer who operates an appliance company based in New York, highlighting the strategic acquisition of the industrial property for their business expansion.