The NAI Hunneman South Team represents the seller and procures the buyer for 65,000 SF industrial building; and also represents the seller in their relocation to Holbrook, MA.
BOSTON—NAI Hunneman, a leading provider of commercial real estate services, recently completed the $2.6 Million sale of 120 North Main Street in Brockton, MA to Brockton & Main, LLC who plan to convert the property into a 75,000 SF fully climate-controlled self-storage facility.
NAI Hunneman South Team member Ovar Osvold along with Cathy Minnerly and Sean Hannigan successfully represented the seller Micro Wire Products Inc. and procured the buyer. In a separate transaction, the NAI Hunneman team represented Micro Wire in identifying a new, 18,000 SF sublease at 5 Mear Road in Holbrook, MA.
“120 North Main Street had its challenges with finding a generic manufacturing buyer. So through extensive market due diligence, we were able to identify the optimal redevelopment for the site, and that turned out to be a brand new fully climate-controlled self-storage facility. The location’s demographics, traffic counts, and overall market demand was the perfect match. Micro Wire Products Inc. had recently shifted their manufacturing operations creating the need for a smaller footprint, so we were able to identify the perfect relocation space in Holbrook, MA. The efficiency of the new spaces layout is ideal,” said Osvold. “It was a true win-win all around.”
About NAI Hunneman:
Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member of NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 7,000 professionals and 400 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets. To learn more about NAI Hunneman and the NAI Global Network, please visit www.naihunneman.com.