Peterson of Atlantic Commercial Real Estate, LLC negotiates $1.5 million sale of 12 Ledin Avenue
Atlantic Commercial Real Estate, LLC completed the sale of 12 Ledin Ave. The property is in the Avon Industrial Park, just off the Harrison Blvd. exit of Rte. 24 and minutes to its intersection with I-93 (Rte. 128).
Boasting abundant loading, high ceiling clearance and heavy power, this 21,000 s/f single-story industrial and office building sits on over 2 acres just off Bodwell St., the park's main access.
The long-term owner, Jo-Anne Koenig of Falmouth transferred the property to W. H. Glancy & Sons, the iconic rigging and crane company serving New England businesses for over 100 years.
Veteran South Shore broker Rick Peterson of Atlantic Commercial Real Estate negotiated the $1.5 million transaction.
Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
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.
The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary