Foxrock Properties Acquires Industrial Property In Shrewsbury, MA For $14M

The industrial property located at 800 Boston Turnpike in Shrewsbury, MA was recently sold in a closed transaction. The property spans approximately 6.3 acres and had a per acre price of $2,222,222. The transaction involved a sale price of $14,000,000, with the property measuring 80,000 square feet. The price per square foot was calculated at $175. The buyer of the property was Foxrock Properties, while the seller was MAG RE Holdings 800 Boston Turnpike, LLC. The transaction was facilitated by brokers James McEvoy and Robert Conrad from The Conrad Group.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $14,000,000
• Address: 800 Boston Turnpike, Shrewsbury, MA
• Market: Shrewsbury, MA
• Acres: 6.3
• Price per Acre: $2,222,222
• Square Feet: 80,000
• Price per Square Foot: $175

The transaction was completed on 10/01/2021, with James McEvoy and Robert Conrad from The Conrad Group representing the buyer, Foxrock Properties, in the deal. The Conrad Group played a crucial role in facilitating the transaction between the buyer and the seller, MAG RE Holdings 800 Boston Turnpike, LLC.