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News:
Owners Developers & Managers
Posted: September 19, 2013
O'Brien of Greater Boston Commercial Properties brokers $650,000 industrial sale
Bret O'Brien of Greater Boston Commercial Properties (GBCP) recently represented the buyer in the purchase of 35 Scales Ln. for a sale price of $650,000. The 39,000 s/f warehouse and 10 acre industrial parcel on which it is located were acquired by Everett Murray owner of Triple M. Moving & Storage based out of Brockton.
The seller Merrimack County Savings Bank had acquired the property through foreclosure in October of 2012, and was represented in the subsequent sale by Joel Aho of O'Brien Commercial Properties as the seller's broker.
Triple M. Moving had worked with O'Brien of GBCP on an extensive search of properties in the Rte. 495 market over the winter, before ultimately recognizing the unparalleled value of 35 Scales Ln. at a price of $17 per s/f.
The rear half of the building consists of 20' warehouse space while the front half offers 16' height although mostly finished fully air conditioned flex. The site offers ample room for expansion to accommodate future growth.
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