News: Front Section
Posted: June 18, 2008
Holliday Fenoglio Fowler handles $38.5 million sale to Rabina Props.
Holliday Fenoglio Fowler LP closed on the sale of two distribution buildings totaling 667,000 s/f to Rabina Properties for $38.5 million.
The buildings at 26 and 28 Millbury St. in Auburn, Mass., were sold by Liberty Properties Corp. The sale to New York's Rabina Properties was arranged by the Boston office of Holliday Fenoglio Fowler and included a forward commitment to accommodate the construction schedule of 26 Millbury St.
The buildings are close to the Masspike and I-290 interchange. The building at 26 Millbury is a 210,000 s/f, build-to-suit distribution facility for Interline Brands that was completed in May. The building at 28 Millbury is a 457,000 s/f distribution center that serves Filene's Basement.
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