Lee Kennedy Company Purchases Industrial Portfolio From Core Investments For $12.15M In Braintree MA

This industrial asset includes a three-building flex/R&D portfolio located at 6 Brooks Drive, 48 Brooks Drive, and 60 Brooks Drive in Braintree, MA. The total square footage is approximately 54,968, with a sale price of $12,150,000, resulting in a price per square foot of $221.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $12,150,000
• Buyer: Lee Kennedy Company
• Seller: Core Investments
• Brokers: Frank Petz, Matthew Sherry, Rob Schlesinger, Jack Barrett & Daniel Hincks - Colliers

Colliers facilitated the sale, marking a significant transaction between Lee Kennedy Company and Core Investments. The brokers involved played a crucial role in executing the deal, reflecting their expertise in the industrial property market.