facebook
Traded Co logo
Submit a Deal

Luzern Associates Acquires Industrial Property In Marlborough For $4.3M

410 Forest Street
PointingArrow
ShareContact

This Industrial property located in MA was sold for $4,300,000 almost 4 years ago. The brokers of the deal were Sean Hannigan, Ovar Osvold, and Caleb Hudak

The industrial property located at 410 Forest Street in Marlborough has been sold. The property spans an area of 32,500 square feet and was sold for a price of $4,300,000, resulting in a price per square foot of $132. The transaction took place on April 14, 2020.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,300,000
  • Address: 410 Forest Street
  • Market: Marlborough

The seller of the property was Electronic Environments Co., represented by Kenneth Rapoport. The buyer, Luzern Associates, was represented by Salvatore Campofranco. The deal was facilitated by Caleb Hudak, Ovar Osvold, and Sean Hannigan from Colliers International.

It is worth noting that the property is 100% NNN leased to Electronic Environments Co., providing a stable income stream for the buyer.

View Related

Deals
  • Location
    410 Forest Street, Marlborough, MA, USA410 Forest Street, Marlborough, MA, USA
  • Sale Price
    $4,300,000$4,300,000
    $131 PPSF$131 PPSF
  • Area
    32,816 SF32,816 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Sean Hannigan

Sean Hannigan

Deals1
Sold$4.3M

Agency

Colliers International

Colliers International

Agency
Deals1674
Volume$36.2B

Social

Deal Summary

SALE IMAGE: Caleb Hudak, Ovar Osvold & Sean Hannigan DATE: 04/14/2020 ADDRESS: 410 Forest Street MARKET: Marlborough ASSET TYPE: Industrial SALE PRICE: $4,300,000 SF: 32,500 PPSF: $132 SELLER: Electronic Environments Co. - Kenneth Rapoport BUYER: Luzern Associates - Salvatore Campofranco BROKERS: Caleb Hudak, Ovar Osvold & Sean Hannigan (@SeanHannigan15) – Colliers International (@colliersinternational, @colliersboston) NOTE: 100% NNN leased to Electronic Environments Co.

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

410 Forest Street

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits