2/13/2009

Massachusetts industrial complex sold to MDP Development

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A 15-building industrial complex in central Massachusetts has been sold by Wrights, Inc., to MDP Development for $2.2 million.

CB Richard Ellis/New England, a joint venture partner with CB Richard Ellis , represented the seller of the 600,000 square foot complex at 85 South Street in West Warren, Mass. The Katz Cos. represented the buyer, a New Hampshire-based developer of residential, commercial and industrial properties.

85 South Street is situated on approximately 105 acres adjacent to Interstate 90/Massachusetts Turnpike. The complex dates back to the late 1800s and served as the headquarters of Wrights, Inc. for more than 50 years. The location is about 25 miles from Worcester, 25 miles from Springfield and one hour from Hartford, Conn.

Address: 85 South St. West Warren, West Warren, Mass.

Size: 600,000 square feet

Built: Late 1800s

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Filed Under: Industrial

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