Minnerly and Osvold of NAI Hunneman broker $3.1 million industrial/warehouse sale

NAI Hunneman has brokered the sale of 116 Lundquist Dr., to Shaughnessy & Ahern. The 52,200 s/f industrial/warehouse building situated on a 4.24 acre parcel, traded for $3.1 million. Catherine Minnerly, executive vice president and principal at NAI Hunneman, and Ovar Osvold, associate, represented the seller, Resources Business Management and Properties Corp., in the transaction. NAI Hunneman also procured the buyer, Shaughnessy & Ahern, a rigging and heavy-hauling firm based in Boston. Resources Business Management and Properties Corp. owns and leases non-residential properties. "The outside land area of 116 Lundquist Drive was of strong appeal to Shaughnessy & Ahern along with such features as eight loading docks," Minnerly said. "NAI Hunneman is proud to have found the right buyer for our client in this transaction." NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 5,000 professionals and 350 offices in 55 countries throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets. NAI offices around the world complete over $45 billion in transactions annually and manage more than 200 million s/f of commercial space.