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JLL Capital Markets Facilitates $5.3M Sale Of Industrial Property In Milford, MA

357 Fortune Boulevard
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This Industrial property located in MA was sold for $5,300,000 over 2 years ago. The brokers of the deal were Michael (Mike) Restivo and Lenny Pierce

An industrial property located at 357 Fortune Blvd in Milford, MA has recently been sold. The property spans across 3.7 acres, making it ideal for industrial use.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $5,300,000
  • Square Footage: 32,040
  • Price per Square Foot: $165

The sale of this property was facilitated by the brokers Michael Restivo and Lenny Pierce from JLL Capital Markets. They played a crucial role in representing the buyer and seller in the transaction, ensuring a successful deal.

With its strategic location in Milford, MA, this industrial property offers great potential for businesses seeking a suitable space. The deal was finalized on November 12, 2021, adding to the portfolio of the new owner, whose identity has not been disclosed. The transaction highlights the robust industrial market in Milford, MA, and the significant investment made in this property.

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Deals
  • Location
    357 Fortune Blvd, Milford, Massachusetts, USA357 Fortune Blvd, Milford, Massachusetts, USA
  • Sale Price
    $5,300,000$5,300,000
    $165 PPSF$165 PPSF
  • Area
    32,040 SF32,040 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Michael (Mike) Restivo

Michael (Mike) Restivo

Deals18
Financed$285.9M

Lenny Pierce

Lenny Pierce

Deals10
Sold$135M

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

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Deal Summary

SALE IMAGE: Lenny Pierce & Michael Restivo DATE: 11/12/2021 ADDRESS: 357 Fortune Blvd MARKET: Milford, MA ASSET TYPE: Industrial ~ ACRES: 3.7 BROKERS: Michael Restivo & Lenny Pierce - JLL Capital Markets SALE PRICE: $5,300,000 SF: 32,040 ~ PPSF: $165

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357 Fortune Boulevard

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