Lowell, MA Joel Aho, president of Aho Properties, LLC, has completed two deals. They include the following:
Aho represented ownership in the sale of 33-45 West Adams St. for $1.65 million to the University of Massachusetts Lowell. The sale came after a competitive bid situation that resulted in the final sale price being well above the most recent asking price of $1.5 million. The 28,140 s/f building is located on 0.82 acres of industrial zoned land.
Aho also represented the buyer in the purchasing of 20 Taylor St. in Littleton Mass. for $700,000. The 4,702 s/f building is located on 0.89 acres of industrial zoned land. The buyer will be utilizing the property for their operations.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and