Valley Forge Private Equity Acquires 113,000 SF Industrial Building In Gardner, MA For $9.6M

Valley Forge Private Equity, led by Mike Creighton, acquired the 113,000-square-foot industrial building located at 77 Industrial Rowe in Gardner, Massachusetts. The property was sold by Garlock Flexibles, represented by Greg Powell. The transaction was facilitated by JLL Capital Markets, with David Coffman and Lenny Pierce from JLL acting as the brokers for the deal. The sale price for the property was $9.6 million, resulting in a price per square foot of $85.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $9,600,000
• Address: 77 Industrial Rowe, Gardner, MA
• Buyer: Mike Creighton - Valley Forge Private Equity
• Seller: Greg Powell - Garlock Flexibles
• Brokers: David Coffman & Lenny Pierce - JLL
• Square Footage: 113,000
• Price per Square Foot: $85

JLL Capital Markets played a key role in facilitating the sale-leaseback of the industrial property at 77 Industrial Rowe. This transaction showcases the expertise of Mike Creighton and his firm, Valley Forge Private Equity, in strategically acquiring commercial assets. Greg Powell, representing Garlock Flexibles, successfully closed the deal, while David Coffman and Lenny Pierce from JLL acted as the brokers, ensuring a smooth and efficient transaction.