
Auburn, MA The 54,000 s/f building at 17 Saint Mark St. was purchased by Lundgren Equity Partners, LLC, a regional investment group with plans to improve the property, for $3.75 million. The purchase was facilitated by James Glickman and Nolan Ryan of NAI Glickman Kovago & Jacobs who represented the buyer.
Over the next few months this property will transform into a distribution building capable of servicing a variety of uses with improvements such as loading docks and repaved impervious surfaces. Historically a manufacturing building for Consolidated Fabrications, 17 Saint Mark St. will have a unique blend of warehousing and manufacturing capabilities boasting loading docks, high ceilings, heavy power, and compressed airlines throughout the 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