Robert Horvath, Todd Tremblay and David Ching of Marcus & Millichap Real Estate Investment Services have brokered the transaction of a 50,600 s/f mixed use property located at 165 Wood Rd. New England Appliance and Fastenal currently occupy 26,974 s/f with the remaining space being vacant. The sales price of $1.875 million represents $37 per s/f. The building is located less than 1/2 mile from I-93.
Horvath, Tremblay and Chin represented both the seller, East West Bank, and buyer, Newcomb Enterprises, LLC.
With more than 1,200 investment professionals in offices nationwide, Marcus & Millichap Real Estate Investment Services is the largest firm specializing in commercial real estate investment services in the nation. Marcus & Millichap closed 4,302 transactions in 2010, the highest of any commercial real estate brokerage firm. Founded in 1971, the firm has perfected a powerful system for marketing properties that combines product specialization, local market expertise, the industry's most comprehensive research, state-of-the-art technology and relationships with the largest pool of qualified investors nationally.
www.MarcusMillichap.com
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