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.
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