
Fitchburg, MA Ben Gatti of Greater Boston Commercial Properties, Inc. represented the seller in the sale of 25 Newport St. The 58,000 s/f industrial building is located on 4.76 acres and was delivered vacant to the buyer. Gatti sold the property for $2.7 million in a quick cash deal. The buyer owns and operates an appliance company located in NY and intends to use the building for their business.
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