Canton, MA Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a single-tenant industrial property for $7.1 million.

“We recognized the growth potential for this asset and generated a strong offer that compelled ownership to sell,” said Harrison Klein, first vice president investments. “This sale is a testament to the institutional interest for quality buildings, especially along the Route 128 corridor.”

Klein represented the buyer in the transaction, Seyon Group. The seller, Canton II JB Capital LLC, was self-represented.

Located at 40 Hudson Rd., the property consists of a 39,687 s/f warehouse on 2.67 acres. The building is fully occupied by an electrical manufacturing firm. Situated along the Rte. 128 corridor, the site is within a major hub for corporate offices, technology firms and distribution centers serving Greater Boston.