Rhino Capital Acquires Industrial Property In Danvers, MA For $5.8M

An industrial property located at 1 Industrial Dr in Danvers, MA was recently sold for $5,800,000. The property spans across 46,547 square feet with a price per square foot of $125. The transaction took place on April 30, 2021.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $5,800,000
• Address: 1 Industrial Dr, Danvers, MA
• Market: Danvers, MA
• Seller: One Industrial Drive, LLC
• Buyer: Rhino Capital
• Seller's Rep: Chris Everest - Nordlund Associates, Inc.
• Buyer's Rep: Chris Decembrele - JLL

The sale of this industrial property was facilitated by Chris Everest from Nordlund Associates, Inc., who represented the seller, One Industrial Drive, LLC. On the buyer's side, Chris Decembrele from JLL acted as the representative for Rhino Capital.