
Milford, MA Nate Nickerson, senior associate at O’Brien Commercial Properties, Inc. brokered the sale of 425 Fortune Blvd. The flex/industrial building is 113,000 s/f and it closed on April 29th, and traded for $5.65 million or $50 per s/f.
In the transaction, Nickerson represented the buyer, Boston BioProducts, a bio-manufacturing company located in Ashland.
Rob Harrington of Nexum Group represented the seller.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and