Marcus & Millichap finalized the sale of a single-tenant industrial property in Canton, MA, for $7.1 million. First VP investments Harrison Klein represented the buyer, Seyon Group. The seller, Canton II JB Capital LLC, was self-represented.
“We recognized the growth potential for this asset and generated a strong offer that compelled ownership to sell,” said Klein. “This sale is a testament to the institutional interest for quality buildings, especially along the Route 128 corridor.”
Located at 40 Hudson Rd. in Canton, the property consists of a 39,687-square-foot warehouse on 2.67 acres. The building is fully occupied by an electrical manufacturing firm. Situated along the Route 128 corridor, the site is within a major hub for corporate offices, technology firms and distribution centers serving Greater Boston.
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