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Five Acre Parcel Fetches $750K

Apr 1, 2013 | Reprints | Unlock Link | Print

A five-acre parcel of land on the Hanson-East Bridgewater line recently sold for $750,000 to a developer who plans to build a 40,000 square-foot assisted living facility with an Alzheimer’s unit on the site.

Dave Ellis of Conway Commercial represented the seller, Alexander Family Realty Trust, and procured the buyer, Senior Housing Development LLC.

In a statement, Ellis said the buyer was attracted to the parcel for its access to Routes 27 and 14 and its close proximity to Brockton Hospital.

Commercial & Industrial