North Grafton, MA Fieldstone Commercial Properties has completed the sale of 109 Creeper Hill Rd., a 24,900 s/f industrial building, for $4.040 million. Nolan Ryan of Fieldstone Commercial Properties represented the seller, Feedback Earth while Service Plus, the buyer was unrepresented.
Service Plus who already has a presence on Creeper Hill Rd. will turn the former food recycling operation into a construction debris transfer station. Owner-occupants like Service Plus continue to drive transaction volume in the Central Massachusetts industrial market, reflecting strong demand and confidence in long-term growth.
In addition, Fieldstone Commercial Properties has completed the sale of 136 Nashua St., a 12,338 s/f industrial building in Leominster, Mass., for $1.9 million. Nate Nickerson of Fieldstone Commercial Properties represented the seller, D-E Dorp.
Champion Drywall, the buyer, intends to occupy the entire property and establish it as their company headquarters.
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