Sticks Investment Group Acquires Industrial Property From Palatine Capital Partners For $8.375M

The property asset involved in this transaction is located at 54 West Dane St & 116-118 Park St, Beverly, MA. The industrial asset was sold for a transaction amount of $8,375,000, covering an area of 58,000 square feet, resulting in a price per square foot of $144.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $8,375,000
• Address: 54 West Dane St & 116-118 Park St
• Market: Beverly, MA
• Square Footage: 58,000
• Price per Square Foot: $144
• Buyer: Sticks Investment Group
• Seller: Palatine Capital Partners
• Broker: John Nasca - Lee & Associates

This transaction features key individuals, including the buyer, Sticks Investment Group, and the seller, Palatine Capital Partners. The representation in this deal was managed by broker John Nasca from Lee & Associates, facilitating the process between both parties.