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SRS Distribution Inc Leases Industrial Space In North Attleborough MA With SVN Reps

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LEASED

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Industrial22,000 SF
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LEASED

SRS Distribution Inc Leases Industrial Space In North Attleborough MA With SVN Reps

76 George Leven Dr, North Attleborou...

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Industrial22,000 SF
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Summary

Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:22,000 SF
Transaction Type:Lease

The industrial property at 76 George Leven Drive in North Attleborough spans 22,000 square feet and is situated just off Route 152. The location is approximately three miles from the interchange of Interstate 495 and Route 1, offering convenient access to major transportation routes. The lease was secured by SVN | Parsons Commercial Group | Boston on behalf of tenant SRS Distribution Inc., a leading building products distributor in the United States. The tenant's representative, Victor Galvani of SVN, facilitated the lease agreement with the landlord, 76 George Leven LLC.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Tenant: SRS Distribution Inc
  • Tenant's Rep: Victor Galvani(SVN)
  • Landlord: 76 George Leven LLC
  • Square Feet: 22,000
  • Location: North Attleborough, Massachusetts

Notable figures involved in the deal include Jake Parsons of SVN | PCG, who represented the landlord, 76 George Leven LLC. The lease transaction reflects SRS Distribution Inc.'s strategic expansion efforts, aiming to grow its presence nationwide by securing a new location in Massachusetts. The industrial lease underscores the ongoing demand for industrial spaces in the North Attleborough area, highlighting the active commercial real estate market in the region.

Players

Victor Galvani
2 deals$5.1M volume(508) 479-3287
BROKER

Details

LEASED
IMAGE: 76 George Leven Dr, North Attleborou... ASSET TYPE: Industrial TENANT'S REP: Victor Galvani(SVN) TENANT: SRS Distribution Inc LANDLORD: 76 George Leven LLC SQUARE FEET: 22000

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Deal Type
Effective Rent (Annual)

$1,261,026.72

Total Lease Value

$12,610,267.24

Net Landlord Cash Flow$1,261,026.72