Log in Subscribe Front Page Current Issue Real Briefs Recent Trades Subscribe/Renew Events Advertise Contact Us
Sun, Nov 27
A Compendium of Property & Capital News
Sun
Nov 27

55,000 SF Auburn Industrial Sells for $3.75M via Klein and Lyman of M&M

July 06, 2022
7 Mark Street in Auburn MA

AUBURN Harrison Klein and Mark Lyman, investment specialists of The Klein Group in Marcus & Millichap’s Boston office, had the exclusive listing to market an industrial property at 17 Mark Street in Auburn MA. The property, a 54,845-square foot industrial building sold for $3,750,000, according to Thomas Shihadeh.

“The sale of 17 Saint Mark St is a great outcome for both the buyer and seller. The property has a significant amount of deferred maintenance in which the buyer will take on and, in the process, turn the building into a modern light manufacturing/warehousing facility,” said Lyman. “The seller was able to achieve their desired price and dispose of the asset with a solid return.”