News:
Owners Developers & Managers
Posted: March 26, 2021
Triglione of Nordlund handles 30,000 s/f sale
Salisbury MA According to Nordlund Associates, Anthony Triglione facilitated a transaction representing the property owner in the sale of 10 Fanaras Dr. Triglione also procured the buyer, Blackfin Ventures, in this sale of the former 47 and Old Time Sports manufacturing/warehouse facility.
“Multiple competing offers confirmed the value proposition. Market interest in this size and type property was robust due to tight supply, low cost of capital, and high cost of new construction. 10 Fanaras featured good clear height (22’), multiple loading docks and grade level doors, heavy power, and a reasonable ratio of existing office space (15%),” said Triglione.
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