News: Front Section
Posted: February 18, 2009
Durgin of Conway Comm'l. reps. Should Realty Trust in $750,000 sale
Jack Conway & Co. Commercial vice president Paul Durgin recently orchestrated the sale of the Adolph Bauer building located at 763 South St. on the Holbrook/Randolph line. The sale price was $750,000.
The industrial/light manufacturing building includes 19,000 s/f of space, situated on 1.8 acres of land.
Durgin represented the seller, Should Realty Trust. The buyer, South Park Realty Trust, was represented by Phil Austin of Best Choice Real Estate. The financing was arranged by Holbrook Cooperative Bank.
The buyer plans to do a major renovation and operate their auto transport and other related businesses out the property.
"There is a strong demand for buildings with this type of space, with ample acreage," said Durgin. "The offering attracted many prospects, and sold in a relatively short period of time."
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