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8 Industrial Drive
SOLD

Intercontinental Real Estate Acquires Industrial Property In Boston, MA For $107.5M

8 Industrial Drive

Industrial
196,000 SF
clock iconSold 1 year ago
James "Jim" Murphy
Robert (Rob) Byrne
Pete Rogers
+ 3
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Summary

Sale
MASSACHUSETTS
Industrial
196,000 sqft

The industrial property located at 8 Industrial Drive in Boston, MA has been sold in a transaction. The property encompasses an area of approximately 196,000 square feet and has been sold for a total price of $107,500,000, resulting in a price per square foot of $548. The sale took place on August 31, 2022.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $107,500,000
  • Address: 8 Industrial Drive, Boston, MA
  • Market: Boston, MA

The buyer of the property is Intercontinental Real Estate Corporation, while the seller is First Highland Management & Development. The deal was facilitated by the brokers Dave Pergola, Brian Doherty, Pete Rogers, Rob Byrne, and Jim Murphy from Cushman & Wakefield.

Players

  • All

    6

  • Agents

    5

  • Agencies

    1

James "Jim" Murphy's profile picture
James "Jim" Murphy
Cushman & Wakefield-image
Senior Associate
$107.5M Sold
Pete Rogers's profile picture

Details

Deal Summary
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SOLD
IMAGE: Dave Pergola, Brian Doherty, Pete Rogers, Rob Byrne & Jim Murphy DATE: 08/31/2022 ADDRESS: 8 Industrial Drive MARKET: Boston, MA ASSET TYPE: Industrial BUYER: Intercontinental Real Estate Corporation SELLER: First Highland Management & Development BROKERS: Dave Pergola, Brian Doherty, Pete Rogers, Rob Byrne & Jim Murphy - Cushman & Wakefield (@CushWake) SALE PRICE: $107,500,000 SF: 196,000 ~ PPSF: $548

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Address8 Industrial Drive

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