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Lincoln Property Company Acquires Industrial Property In Medway, MA For $21.7M

10 Trotter Drive
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This Industrial property located in MA was sold for $21,700,000 about 2 years ago. The brokers of the deal were Martha Nay, Coler Yoakam, and Michael (Mike) Restivo

An industrial property located at 10 Trotter Dr in Medway, MA was recently sold for a total of $21,700,000. The property spans across 120,000 square feet, resulting in a price per square foot of $181. The transaction took place on 03/08/2022.

Summary of Transaction Details

  • Property Type: Industrial
  • Transaction Amount: $21,700,000
  • Address: 10 Trotter Dr, Medway, MA
  • Square Footage: 120,000
  • Price per Square Foot: $181

The buyer of the property is Lincoln Property Company, while the seller is Spencer Technologies, Inc. The deal was facilitated by brokers Coler Yoakam, Michael Restivo, Martha Nay, and Lenny Pierce from JLL.

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Deals
  • Location
    10 Trotter Drive, Medway, Massachusetts 02053, United States10 Trotter Drive, Medway, Massachusetts 02053, United States
  • Sale Price
    $21,700,000$21,700,000
    $180 PPSF$180 PPSF
  • Area
    120,000 SF120,000 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Martha Nay

Martha Nay

Deals4
Financed$82.3M

Coler Yoakam

Coler Yoakam

Deals3
Sold$46.6M

Michael (Mike) Restivo

Michael (Mike) Restivo

Deals18
Financed$285.9M

Agency

JLL

JLL

Agency
Deals5579
Volume$332.6B

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Deal Summary

SALE IMAGE: Coler Yoakam, Michael Restivo, Martha Nay & Lenny Pierce DATE: 03/08/2022 ADDRESS: 10 Trotter Dr MARKET: Medway, MA ASSET TYPE: Industrial BUYER: Lincoln Property Company SELLER: Spencer Technologies, Inc BROKER: Coler Yoakam, Michael Restivo, Martha Nay & Lenny Pierce - JLL SALE PRICE: $21,700,000 SF: 120,000 ~ PPSF: $181

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