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Two Brockton Properties Acquired In 1031 Exchanges

By Steve Adams | Banker & Tradesman Staff | Jun 7, 2017 | Reprints | Unlock Link

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Norwest Group has acquired two Brockton properties in a pair of 1031 exchange transactions.

Norwest acquired 2 Jonathan Drive, a 14,308-square-foot lab building occupied by U.S. Laboratories, for $1.6 million and 45 Industrial Boulevard, a 46,000-square-foot industrial building occupied by Zoots, for $2 million.

NAI Hunneman Senior Vice Presidents Ned Halloran and Leeanne Rizzo represented Norwest Group.

NAI Hunneman Vice President Ovar Osvold represented the seller of 2 Jonathan Drive, Jonathan Realty Trust. JLL represented the seller of 45 Industrial Blvd., American Medical Response of Massachusetts Inc.

B&T Daily