A 112,375-square-foot Canton industrial building that’s fully leased to 13 tenants has been sold to a Boston investor for $12.35 million.

Longpoint Realty Partners acquired the Foxford Business Center at 960R Turnpike St. from The Naughton Co. of Hingham.

The building situated on eight acres  was developed in three stages between 1985 and 1995 and features all-block construction, a new roof and 2.5 loading docks per 1,000 square feet.

A fully leased 21,600-square-foot office building at 960 Turnpike Road remains on the market.

“The purchase of 960 Turnpike represents a continuation of Longpoint’s strategy of acquiring highly functional, shallow bay industrial assets near major population centers,” Robert Provost, a founding partner of Longpoint Realty Partners, said in a statement.

Colliers International’s Boston represented the seller.

Canton Multitenant Industrial Property Sold for $12.35M

by Banker & Tradesman time to read: <1 min
0