Photo courtesy of JLL

Boston-based Rhino Capital Advisors acquired a fully leased industrial property in Ashland for $28.9 million.

The 400 Main St. property is occupied by fire suppression system manufacturer Kidde-Fenwal. The seller was Pout Rock and Cold Spring Brook LLC.

The 18-acre site includes two buildings that contain manufacturing, warehouse and back office operations. It has 5,000-amp power capacity and 10 loading docks.

JLL Managing Directors Michael Restivo, Bob McGuire and Sam Crossan, along with Directors David Coffman and Tommy Hovey, represented the sellers.

Rhino Capital Buys 218K SF Ashland Industrial Property

by Steve Adams time to read: <1 min
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