Francis Maclean Realty Trust Acquires Industrial Asset From Coneco Realty LLC For $3M In Pawtucket

An industrial asset located at 402 Walcott Street in Pawtucket, RI, has been sold for a transaction amount of $3,000,000. The property encompasses a total square footage of 39,000, achieving a price per square foot of $77.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,000,000
• Buyer: Francis Maclean Realty Trust
• Seller: Coneco Realty LLC
• Broker: Eric O’Brien - O'Brien Commercial Properties
• Square Footage: 39,000
• Price per Square Foot: $77

Eric O’Brien represented both parties in this transaction, highlighting the asset's fully leased status and its multi-tenant nature. He noted the prime location of the property, which was a significant factor in the deal.