Leominster, MA David Burwick, vice president at NAI Glickman Kovago & Jacobs, facilitated the investment sale of the four buildings at the Leominster Commerce Center, 463-477 Lancaster St. The buildings, totaling 111,588 s/f on 11.66 acres, was sold by 463-477 Lancaster St., LLC to Leominster Warehouse Investment, LLC for $5.8 million.
All of the buildings are 100% leased with long-term tenants. Burwick represented both the buyer and the seller in the transaction.
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