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60,000-SF Industrial Asset Trades in $4M Deal

CANTON, MA-Northeast Wholesale Nail & Fastener Supply Co.'s transaction for the building on more than eight acres allows it to expand by 40,000 sf.

By Beverly Ford | Updated on September 05, 2006

(To read more on the industrial market, click here.)

CANTON, MA-A distributor of nails and fasteners has acquired a 60,000-sf building on more than eight acres in Canton for $3.9 million. The deal gives the new owner an additional 40,000 sf of expansion space for its growing business.

Northeast Wholesale Nail & Fastener Supply Co., a nail and fastener distributor serving independent lumber yards and tool houses, acquired the 980 Turnpike St. property from ERB Realty Trust after looking at properties in Braintree, Stoughton and Randolph, Peter Brown, leasing director for Campanelli Cos., of Braintree, tells GlobeSt.com.

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