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STAG Industrial Acquires Industrial Property In Sterling, MA For $13.34M

15 Chocksett Road
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This Industrial property located in MA was sold for $13,340,000 over 2 years ago. The brokers of the deal were Anthony (Tony) Hayes, Daniel "Dan" Hines, Timothy (Tim) Mulhall, Roy Sandeman, Doug Jacoby, Scott Dragos, and Chris Skeffington

STAG Industrial has acquired an industrial property located at 15 Chocksett Rd in Sterling, MA. The property, with a total area of 119,056 square feet, was sold by Lowfield Realty Group. The transaction was facilitated by CBRE's brokers, Scott Dragos, Doug Jacoby, Chris Skeffington, Anthony Hayes, Roy Sandeman, Tim Mulhall, and Dan Hines. The sale price for the property was $13,340,000, resulting in a price per square foot of $112.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $13,340,000
  • Address: 15 Chocksett Rd, Sterling, MA
  • Market: Sterling, MA

The acquisition of the industrial property by STAG Industrial reflects their strategic investment in the Sterling, MA market. The involvement of CBRE's brokers showcases their expertise in facilitating successful real estate transactions.

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Deals
  • Location
    15 Chocksett Road, Sterling, MA 01564, USA15 Chocksett Road, Sterling, MA 01564, USA
  • Sale Price
    $13,340,000$13,340,000
    $112 PPSF$112 PPSF
  • Area
    119,056 SF119,056 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    7 Brokers, 1 Agency7 Brokers, 1 Agency

Agents

Timothy (Tim) Mulhall

Timothy (Tim) Mulhall

Deals15
Sold$876.9M

Scott Dragos

Scott Dragos

Deals19
Sold$1.2B

Roy Sandeman

Roy Sandeman

Deals16
Sold$1.1B

Doug Jacoby

Doug Jacoby

Deals16
Sold$973M

Daniel "Dan" Hines

Daniel "Dan" Hines

Deals15
Sold$908.9M

Chris Skeffington

Chris Skeffington

Deals17
Sold$1.1B

Anthony (Tony) Hayes

Anthony (Tony) Hayes

Deals14
Sold$853.9M

Agency

CBRE

CBRE

Agency
Deals4231
Volume$184.3B

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Deal Summary

SALE IMAGE: Scott Dragos, Chris Skeffington, Doug Jacoby, Anthony Hayes, Tim Mulhall, Roy Sandeman & Dan Hines DATE: 11/05/2021 ADDRESS: 15 Chocksett Rd MARKET: Sterling, MA ASSET TYPE: Industrial BUYER: STAG Industrial SELLER: Lowfield Realty Group BROKERS: Scott Dragos, Doug Jacoby, Chris Skeffington, Anthony Hayes, Roy Sandeman, Tim Mulhall & Dan Hines - CBRE SALE PRICE: $13,340,000 SF: 119,056 ~ PPSF: $112

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15 Chocksett Road

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