JB Capital Management Acquires Industrial Property In Plymouth, MA For $3.75M

Ellis Realty Advisors has successfully sold an industrial property located at 71 Armstrong Road in Plymouth, MA. The property, owned by Bel Air Company LLC, was purchased by JB Capital Management LLC for $3.75 million. It offers a 30,000-square-foot flex/warehouse space and is conveniently accessible via Rte. 3/44. Additionally, the property boasts scenic views of Massachusetts Bay and the Plymouth waterfront.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $3,750,000
• Square Footage: 30,000 SF
• Price Per Square Foot: $125
• Address: 71 Armstrong Road, Plymouth, MA
• Market: Plymouth, MA

The sale of the property was facilitated by Ellis Realty Advisors. They represented both the seller, Bel Air Company LLC, and the buyer, JB Capital Management LLC, in this transaction.