The transaction involved the acquisition of an industrial asset located at 400 Main Street & 50 Leland Avenue in Ashland, MA. The property spans 218,300 square feet and was sold for $27,872,000, which equates to approximately $128 per square foot.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $27,872,000
• Square Footage: 218,300
• Address: 400 Main Street & 50 Leland Avenue
• Market: Ashland, MA
• Buyer: Michael Olson - Rhino Capital Advisors
• Broker: JLL

Michael Olson, representing Rhino Capital Advisors, was the buyer in this transaction. The deal was sourced off-market by the brokerage company JLL, involved in facilitating the acquisition of the fully leased Ashland Industrial Campus.