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Home Investments Marcus & Millichap Brokers Sale of Small-Bay Industrial Property in Worcester County

Marcus & Millichap Brokers Sale of Small-Bay Industrial Property in Worcester County

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HOPEDALE, Mass.Marcus & Millichap (NYSE: MMI), a national commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 10 Charlesview Road, a 9,600-square-foot small-bay industrial property in Hopedale, Massachusetts, for $2.05 million.

“We had incredible interest in this purpose-built, modern, small-bay asset,” said Harrison Klein, managing director investments in Marcus & Millichap’s Boston office. “This sale is indicative of the demand we’re seeing from investors for quality small-bay space.”

Klein, along with Michael Grant and Anthony Fresolone of Marcus & Millichap, represented the seller, a private developer, and procured the buyer, a private investor.

Constructed in 2018, the property features six 1,600-square-foot units situated on 4.58 acres. Each suite includes a private office and restroom, separately metered utilities, and drive-in loading. The building offers 17- to 18-foot clear heights, six drive-in doors, and 36 parking spaces.

Located approximately 2.5 miles from Interstate 495, the property provides convenient access to Boston, Worcester, and Providence, positioning it within a highly sought-after industrial corridor in Worcester County.

The transaction underscores continued investor appetite for modern, small-bay industrial assets across suburban Massachusetts markets.

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