Pagell Corp. Signs 10-Year Lease In $5.1M Industrial Sale At 74 Lowland Street, Holliston MA
74 Lowland Street
Industrial
65,245 SF
65,245 SF
Sold 1 year ago
Summary
Pagell Corp. has recently signed a ten-year lease for the industrial property located at 74 Lowland Street in Holliston, MA. The property, sold by Bret O'Brien of Greater Boston Commercial Properties, Inc, was listed at a sale price of $5,100,000 with a cap rate of 7%. This transaction represents a significant investment in the Holliston industrial market.
Summary of Transaction Details:
- Property Type: Industrial
- Transaction Amount: $5,100,000
- Address: 74 Lowland Street, Holliston, MA
- Market: Holliston, MA
This deal showcases the strong demand for industrial properties in Holliston, MA, with Pagell Corp. securing a long-term lease on the property. The ten-year lease agreement solidifies their commitment to the location and highlights the property's desirability for industrial operations.
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74 Lowland Street
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