Brockton, MA Legacy Real Estate Ventures closed on the purchase of 2 Jonathan Dr. in an all equity transaction.
The 14,000 s/f building is fully occupied by TridentCare, a national diagnostic testing company that uses the location to service its Northeast clients. Parallel with the acquisition, Legacy is extending the lease with TridentCare through 2030. The $1.9 million purchase was brokered by Henry Leiber of Hunneman.
Legacy R.E. principal Jen Price said, “Legacy is expanding our model to include all equity acquisitions. This property represents a fantastic long-term cash flow play, with the TridentCare lease extension and future expansion ability on-site.”