NAI Hunneman recently brokered the $4.3 million sale of 240 Forbes Blvd. to the Lacerta Group.
NAI Hunneman brokers Catherine Minnerly, executive vice president/principal, and Ovar Osvold, associate, represented the seller, Yale Appliances, and procured the buyer in the transaction.
In a separate deal also brokered by Minnerly and Osvold, Yale Appliance relocated its warehouse operations from Mansfield to 75 Campanelli Parkway in Stoughton,
Located in the Cabot Business Park at the intersection of I-95 and 495, 240 Forbes Blvd. is a 75,000 s/f industrial building situated on six acres. Built in 1978, the property has 68,000 s/f of warehouse space and about 7,000 s/f of office space.
"In addition to its great location in one of the state's premiere business parks, 240 Forbes Rd. has the potential for an expansion in the future, giving its new owners plenty of options," said Minnerly. "On the other side of the coin, we at NAI Hunneman were thrilled to be able to help Yale Appliance both sell 240 Forbes Blvd. and secure a new warehouse facility that better suits its needs in Stoughton."