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589 & 599 Commerce Drive
SOLD

NorthBridge Partners Acquires 52,000 SF Industrial Site In Fall River, MA

589 & 599 Commerce Drive

Industrial
104,000 SF
clock iconSold 127 days ago
Danny Griffin
Eric Suffoletto
Tommy (Tom) Hovey
the dealplayerscompscontact
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Summary

Sale
MASSACHUSETTS
Industrial
104,000 sqft

Atlantic Capital Partners facilitated the sale of 589 & 599 Commerce Drive, a two-building 52,000 SF industrial site located in Fall River, MA. The property was sold for a total price of $7,155,382, resulting in a price per square foot of $138.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $7,155,382
  • Square Footage: 52,000 SF
  • Address: 589 & 599 Commerce Drive, Fall River, MA
  • Market: Fall River, MA

The buyer for the transaction was NorthBridge Partners, while the sellers were Kelly Mendell and Michael Guimond, representing Spartan BSMS Holdings. The brokers involved in the deal were Tommy Hovey, Eric Suffoletto, and Danny Griffin, all from Atlantic Capital Partners.

Atlantic Capital Partners facilitated the sale of 589 & 599 Commerce Drive in Fall River, MA, a two-building industrial site spanning 52,000 square feet. The property was sold to NorthBridge Partners for a total price of $7,155,382, equivalent to a price per square foot of $138. The sellers, Kelly Mendell and Michael Guimond, represented Spartan BSMS Holdings. Tommy Hovey, Eric Suffoletto, and Danny Griffin, who are brokers from Atlantic Capital Partners, were involved in the transaction.

Players

  • All

    5

  • Agents

    3

  • Agencies

    2

Danny Griffin's profile picture
Danny Griffin
SRS Real Estate Partners-image
Associate | National Net Lease Group
$47.2M Sold

Details

Deal Summary
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SOLD
IMAGE: Tommy Hovey, Eric Suffoletto & Danny Griffin DATE: 12/18/2023 ADDRESS: 589 & 599 Commerce Drive MARKET: Fall River, MA ASSET TYPE: Industrial BUYER: NorthBridge Partners SELLER: Kelly Mendell & Michael Guimond - Spartan BSMS Holdings BROKERS: Tommy Hovey, Eric Suffoletto, Danny Griffin – Atlantic Capital Partners (@Atlantic Capital Partners) SALE PRICE: $7,155,382 SF: 52,000 ~ PPSF: $138 NOTE FROM BROKERS: Atlantic Capital Partners facilitated the sale of 589 & 599 Commerce Drive, a two building 52,000 SF industrial site in Fall River, MA

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