Maine-based firm The RAM Cos. scooped up a fully leased, 111,000-square-foot industrial park in Leominster, and will rename it The Leominster Commerce Center.

The four-building industrial park is occupied by several tenants including The Monson Co. and Modern Dispersions. Sale price and seller were not disclosed.

In a press release, RAM Cos.’ Executive Vice President of Acquisitions and Development Brian A. Gagne said the recession allows the firm "to acquire [properties] such as this one that will provide us with good steady cash flow in a strong industrial area. We plan to use our expertise in management to further increase value at this property, as well as any others we acquire this year."

Leominster Industrial Park Sold

by Banker & Tradesman time to read: <1 min
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