News: Front Section
Posted: June 9, 2023
Wood of SVN | Parsons Commercial Group | Boston brokers sale of 10,750 s/f industrial building in Hudson, MA for $2.025m
Hudson, MA SVN | Parsons Commercial Group | Boston has completed the sale of a 10,750 s/f industrial warehouse building at 561 Main St. to 561 Main St Best LLC for $2.025 million.
Senior advisor Alex Wood of SVN | Parsons represented the seller, 561 Main Street Hudson LLC, and procured the buyer, 561 Main St Best, LLC.
The industrial property consists of 10,750 s/f over two buildings on 1.68 acres. The first building consists of 8,750 s/f with five drive-in doors and 20’ clear height. The second building consists of 2,000 s/f with three drive-in doors.
561 Main St. is located off Rte. 62 in the town’s lower main street industrial zone, adjacent to Kane Industrial Park.
The property is in close proximity to I-495 and I-290 making this property highly desirable among industrial users and easily accessible to major routes.
Tags:
Front Section
MORE FROM Front Section
Front Section
McEvoy of The Conrad Group brokers $2.9 million sale of industrial building
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
Columns and Thought Leadership
5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett
>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
Investing in a falling rate environment - by Harrison Klein
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.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
It’s time to get creative with closed college campuses - by Christian Koulichkov
Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in