Billerica, MA Benjamin Gatti of Greater Boston Commercial Properties represented the seller, VP Realty Trust, in the sale of two industrial buildings totaling 10,608 s/f at 18 Republic Rd. The 1.041 acre parcel is situated off of the Treble Cove exit, Exit 28, of Rte. 3 with access to I-128 and I-495.
The rear building is 4,000 s/f and is tenanted by Allied Fabrication and RAASCO.
The buyer, Scott & Sean Allison of Supreme Builders in Lowell, plans to relocate their construction business and occupy the front building.
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