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News:
Owners Developers & Managers
Posted: October 27, 2023
R.W. Holmes and Donahue & Associates
arrange $5.6 million sale
Canton, MA R.W. Holmes negotiated the sale of an industrial building. Located at 1 Pequot Way, the 36,032 s/f building was sold to an owner-user, One Pequot Way, LLC, for $5.6 million, or $156 per s/f. The firm specializes in custom fabrications, exhibit and trade shows, experiential environments, and logistics.
Michael Fahy of R.W. Holmes represented the buyer in the transaction. Mark Donahue of Donahue & Associates represented the seller, Pequot Way, LLC.
Located on a 2.5-acre lot, the one-story industrial/warehouse building was built in 1978. The building has a 26 ft. clear height, three loading docks, and one drive-in door.
“This sale is a great example of the opportunities that owner-occupants have in the current market,” said Fahy. “We are excited to have helped Rise Projects locate this off-market opportunity and expect there to be a continued trend of owner-occupant sales for the foreseeable future.”
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