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Two Stoughton Properties Sell For $2.85M

Mar 12, 2012 | Reprints | Unlock Link | Print

An affiliate of Waltham-based Legacy Real Estate Ventures has purchased two Stoughton properties for $2.85 million.

The buildings — one office and an industrial asset at 70 Hawes Way — are fully leased and total 22,254 square feet of space. The seller was South shore Development Trust. The sale was brokered by Jones Lang LaSalle’s investment sales team. Financing was provided by Cambridge Savings Bank. The property will be managed by Eastport Real Estate Services.

The properties include a 10,854-square-foot, two-story office building and a 14,000-square-foot industrial facilities that are 100 percent occupied by J.C. Higgins, a division of EMCOR.

Legacy Real Estate Ventures has been operating for four years. The company has purchased nine properties with a total value exceeding $30 million.

Commercial & Industrial