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Northampton Mill Building Sells for $2M

NORTHAMPTON, MA-Molding Business Services sells a former factory building that now serves as artist lofts to a local buyer.

By Beverly Ford | Updated on November 09, 2006

NORTHAMPTON, MA-An 1866 mill building, home to 90 artists and small businessmen, has been sold for $2.2 million to a local buyer. Brush Works LLC acquired the 136,000-sf property just weeks after it went on the market.

Known as the Arts & Industry Building, the four-story, 221 Pine St. property, located less than three miles from Northampton Center, was acquired from Molding Business Services. The new owner beat out several other bidders to take ownership, Dan McGee, with NAI Hunneman Commercial, tells GlobeSt.com.

“This was a unique niche property,” says McGee, noting that the building, constructed on the banks of the Mill River for Scottish immigrant Alfred P. Critchlow’s Florence Manufacturing Co., is a much sought after location by artists and businessmen looking for smaller space.

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