Ashland, MA — May 16, 2023 — SVN | Parsons Commercial Group | Boston has completed the sale of an 8,000 square foot Industrial Warehouse at 198 Pleasant Street in Ashland, Massachusetts for $1.470,000 Million.
Associate Advisor, Trevor Holmes of SVN | Parsons Commercial Group | Boston represented the Seller, Gerald A. Borelli Revocable Trust, and procured the buyer, ML Schmitt, in the transaction.
The property is a stand-alone 8,000 square foot industrial building situated on 1 acre. Prior to the sale, SVN | Parsons Commercial Group represented the previous Landlord in leasing 4,000 square feet to ML Schmitt. With their headquarters in Springfield, 198 Pleasant Street offered ML Schmitt a unique opportunity to expand their business east and gain a larger presence in the MetroWest area.
About SVN | Parsons Commercial Group | Boston SVN | Parsons Commercial Group | Boston is an independently owned and operated SVN® office located in Framingham, MA. The SVN® brand is a globally recognized commercial real estate entity united by a shared vision of creating value for clients, colleagues and communities. Currently, SVN comprises over 1,600 advisors and staff working in more than 200 offices across the globe. SVN’s brand pillars represent the transparency, innovation and inclusivity that enable all our advisors to collaborate effectively with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create outsize value for all stakeholders. For more information, visit www.svn.com.