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Private Investor Plops $1.4M On Hanson Building

Dec 17, 2010 | Reprints | Unlock Link | Print

Private investor Ward Endowment and Partners has purchased a 9,200-square-foot medical office building in Hanson for $1.4 million.

The building, located at 104 Liberty St., was last sold for $910,000, according to The Warren Group, publisher of Banker & Tradesman. It was last assessed for $742,300.

Richard E. (Rick) Barnes, vice president of capital markets for New Bedford-based Whelan Assoc. LLC, brokered the sale, according to a statement.

The Hanson medical office building, which was purchased from Hanson MOB LLC, is 100 percent leased with tenants that include Steward Physicians Network and Ortho Sports Physical Therapy Inc.

Commercial & Industrial