The RAM Companies Acquires Industrial Property In North Billerica, MA For $14.5M

Located at 96 High Street in North Billerica, MA, this industrial property was recently sold in a closed transaction. The property spans an area of 92,000 square feet and features a range of industrial facilities and amenities. The transaction took place on 11/22/2022 and was facilitated by the brokers Michael Restivo and Lenny Pierce from JLL. The sale price for the property was $14,500,000, resulting in a price per square foot of $158.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $14,500,000
• Address: 96 High Street, North Billerica, MA
• Date: 11/22/2022
• Market: North Billerica, MA
• Buyer: The RAM Companies - Mark Campbell
• Seller: Iron Mountain
• Brokers: Michael Restivo & Lenny Pierce - JLL
• Square Footage: 92,000
• Price per Square Foot: $158

The RAM Companies, represented by Mark Campbell, acquired the industrial property from Iron Mountain in this transaction. The involvement of brokers Michael Restivo and Lenny Pierce from JLL helped facilitate the deal. The sale of this property demonstrates the ongoing activity and value in the North Billerica, MA real estate market.