Leominster Warehouse Investment Acquires Industrial Property In Leominster, MA For $5.8M

Located at 463-477 Lancaster St in Leominster, MA, this industrial property has recently been sold. The property spans over 111,588 square feet, with an impressive sale price of $5,800,000, resulting in a price-per-square-foot of $52. Situated on a spacious 11.66-acre lot, the price-per-acre comes out to be approximately $497,427.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $5,800,000
• Square Footage: 111,588
• Price Per Square Foot: $52
• Address: 463-477 Lancaster St, Leominster, MA
• Market: Leominster, MA

The seller of this property is 463-477 Lancaster St., LLC, while the buyer is Leominster Warehouse Investment, LLC. Facilitating this transaction is David Burwick of NAI Glickman Kovago & Jacobs, who acted as the broker for both parties involved.