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Davis Cos. Sells Avon Industrial Site For $5M

Feb 18, 2015 | Reprints | Unlock Link | Print

80 Stockwell_images (80)

The Davis Cos. of Boston has sold 80 Stockwell Drive in Avon, a 248,000-square-foot industrial building, to Hilco Real Estate of Northbrook, Ill.

The purchase price was $5 million, according to Norfolk County Registry of Deeds filings. The building contains 37,000 square feet of supporting office space and is currently 100 percent available.

Cushman & Wakefield’s Mike Frisoli and Pete Whoriskey represented The Davis Cos. and procured the buyer. Cushman & Wakefield has been selected as exclusive leasing agent for the facility.

“80 Stockwell Drive has tremendous upside potential for any large tenant in the market today,” Frisoli said in a statement. “With excellent accessibility in a strong industrial environment, the building offers a highly desirable big block of space that is ideal for one large user or multiple smaller users.”

Commercial