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Owners Developers & Managers
Posted: June 2, 2017
Boudrot, Gilkie, Allen and DiGiano of NAI Hunneman brokers $7 million sale of 306 Newburyport Turnpike
Rowley, MA NAI Hunneman brokered the $7 million sale of 306 Newburyport Tpke., a 112,400 s/f industrial building located on Rte. 1.
The NAI Hunneman team of executive vice president Jim Boudrot, senior vice president David Gilkie and assistant vice president Michael Allen represented the seller Daly-Rowley LLC, while executive vice president F. Michael DiGiano represented the buyer Peabody Essex Museum.
“The building’s size with its access to area highways made it the perfect location for PEM’s use,” said DiGiano.
Situated on Rte. 1 at the intersection of Rte. 133 and I-95, 306 Newburyport Tpke. offers 112,400 s/f of first-class office and warehouse space in the Rte. 1 northern corridor. The property is centrally located to several major shipping ports due to its ease of access to major thoroughfares. 306 Newburyport Tpke. offers clear heights and column spacing, loading (tailboard and drive in) and parking for over 100 cars.
Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 7,000 professionals and 400 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets.
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