BOSTON—NAI Hunneman completed the $2.6 Million sale of 120 North Main Street in Brockton, MA to Brockton & Main, LLC who plan to convert the property into a 75,000 SF fully climate-controlled self-storage facility.
NAI Hunneman South Team member Ovar Osvold along with Cathy Minnerly and Sean Hannigan successfully represented the seller Micro Wire Products Inc. and procured the buyer. In a separate transaction, the NAI Hunneman team represented Micro Wire in identifying a new, 18,000 SF sublease at 5 Mear Road in Holbrook, MA.
“120 North Main Street had its challenges with finding a generic manufacturing buyer. So through extensive market due diligence, we were able to identify the optimal redevelopment for the site, and that turned out to be a brand new fully climate-controlled self-storage facility. The location’s demographics, traffic counts, and overall market demand was the perfect match. Micro Wire Products Inc. had recently shifted their manufacturing operations creating the need for a smaller footprint, so we were able to identify the perfect relocation space in Holbrook, MA. The efficiency of the new spaces layout is ideal,” said Osvold. “It was a true win-win all around.”