Nordblom Brokerage Co. represented the seller in the deal, Shapiro Properties Realty. Nordblom also negotiated a short-term master lease on behalf of First Highland that allows the firm to reposition 63 Sprague St. The 480,000-sf building serves as the anchor property for the complex. Key Bank financed the acquisition, and was represented by Robert Clifford of Goedke & Co.
In the sale of the property, Nordblom executive vice president Richard Robinson joined vice presidents Stephen Campbell and Douglas Wynyard as agents for Shapiro. The property represents a rare availability of industrial space within the Route 128 belt.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
