STERLING, MA-Stan Johnson Company Brokers Sale of Off-Market Industrial Distribution Facility: Massachusetts Homeownership Homebuyers

STERLING, MA–Stan Johnson Company recently completed the sale of a 60,000-square-foot industrial distribution facility. Located at 13 Chocksett Road in Sterling, Massachusetts, the property is fully leased to Utz Quality Foods.In addition to the Utz brand, the company is also known for Zapp’s, Golden Flake and TGI Fridays Snacks, among other potato chip and snack foods.

Stan Johnson Company’s Erik Lundberg represented the seller, an individual investor based in Leominster, Massachusetts. The buyer was NB Partners III LP, a Wakefield, Massachusetts-based institutional investor. The asset traded for $4.2 million.

“We were able to achieve full asking price on an off-market basis for this property that features a short-term lease in place with Utz Quality Foods,” said Lundberg, Associate Director in Stan Johnson Company’s Tulsa, Oklahoma headquarters.

The two-story, Class B industrial property was built in 2006 and is situated on 4.8 acres just minutes from Interstate 190. Sterling, Massachusetts is located just 20 minutes north of Worcester and approximately 40 miles west of the Boston metro area.

The post Stan Johnson Company Brokers Sale of Off-Market Industrial Distribution Facility appeared first on Boston Real Estate Times.

Selecting the Right Homebuyer's agent

Unlike most other real estate agents, a MABA home buyer's broker never represents both a buyer and seller in the same transaction so you never have to worry whether a MABA agent is really looking out for your best financial interests. A MABA buyer's agent acts as your advocate, real estate educator, advisor and negotiator, always loyal to you and dedicated to helping you find and buy the best home with the best terms at the price and showing you which homes to avoid along the way.

Fewer than one percent of the agents and brokers in Massachusetts meet our high standards. 

Whether you are ready to buy now or just beginning your home buying journey, click here to choose a Great Buyer's Agent to answer all of your home buying questions!