News: Owners Developers & Managers

NAI Hunneman brokers $2.6 million sale of 120 North Main Street

Brockton, MA NAI Hunneman, a leading provider of commercial real estate services, completed the $2.6 million sale of 120 North Main St. to Brockton & Main, LLC who plan to convert the property into a 75,000 s/f fully climate-controlled self-storage facility.

Ovar Osvold, NAI Hunneman

 

Cathy Minnerly, NAI Hunneman

 

Sean Hannigan, NAI Hunneman

 

NAI Hunneman South team member Ovar Osvold along with Cathy Minnerly and Sean Hannigan successfully represented the seller Micro Wire Products Inc. and procured the buyer. In a separate transaction, the NAI Hunneman team represented Micro Wire in identifying a new, 18,000 s/f sublease at 5 Mear Rd. in Holbrook.

“120 North Main St. had its challenges with finding a generic manufacturing buyer. So through extensive market due diligence, we were able to identify the optimal redevelopment for the site, and that turned out to be a brand new fully climate-controlled self-storage facility. The location’s demographics, traffic counts, and overall market demand was the perfect match.  Micro Wire Products Inc. had recently shifted their manufacturing operations creating the need for a smaller footprint, so we were able to identify the perfect relocation space in Holbrook. The efficiency of the new spaces layout is ideal,” said Osvold. 

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