News: Front Section
Posted: June 30, 2009
Murray of The Katz Cos. brokers two sales totaling $1.79 million
J. Comeford Realty, LLC has purchased two buildings in the Boulder Industrial Park. 12 and 14 Boulder Park Way were purchased for $1.14 million. The buildings totaled 17,000 s/f of space.
The industrial buildings will be used by Utility Trailers Of New England, Inc. to service and repair tractor trailers. Andy Murray of The Katz Companies was the sole broker.
In addition 45 Sword St in Auburn, Mass. has been purchased by Cansoni Realty Massachusetts, Inc. The property is 1.4 acres and includes a 12,000 s/f warehouse building.
Cansoni will use the building for food warehouse and distribution. The purchase price was $650,000.
Murray introduced the buyer and another broker represented the seller, Sword Street Trust.
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Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
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