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Braintree Industrial Property Fetches $3.1M

Nov 28, 2011 | Reprints | Unlock Link | Print

A 52,200-square-foot industrial/warehouse building in Braintree has sold for $3.1 million.

Shaughnessy & Ahern, a rigging and heavy-hauling firm, bought the building at 116 Lundquist Drive.

Catherine Minnerly, executive vice president and principal at NAI Hunneman, and Ovar Osvold, associate, represented the seller, Braintree-based Resources Business Management and Properties Corp. NAI Hunneman also procured the buyer, Boston-based Shaughnessy & Ahern.

"The outside land area of 116 Lundquist Drive was of strong appeal to Shaughnessy & Ahern along with such features as eight loading docks," Minnerly said. "NAI Hunneman is proud to have found the right buyer for our client in this transaction."

Commercial & Industrial