1. Development Associates Co-brokers purchase of 80,000 SF industrial facility

    Development Associates Co-brokers purchase of 80,000 SF industrial facility

    Development Associates of Agawam, MA has co-brokered the purchase of the former Dow Jones mail facility with the sellers agent: MacMillan & Sons of Springfield, MA and the Fischer Co. of Dallas, TX. The property known as 102 First Avenue in Chicopee, MA is strategically located at the intersection of I-90 (MA Turnpike) and I-291.

    The 80,040 SF building, which is now available for lease, is ideal for manufacturing/distribution/warehouse.  The facility features 5 doc doors along with a recessed side-loading dock, finished offices,open space area, and a large warehouse with plenty of on-site parking.

    Development Associates secured the financing for one of it's affiliated investor groups through their relationship with Chicopee Savings Bank.

    Development Associates, a commercial real estate development company, has added this property to its property management portfolio of over 2,000,000 SF of commercial real estate in Northern CT and MA.

     

    Login to comment.

  1. Categories

    1. Industry Clusters:

      Aerospace/Defense, Business Development, Creative Economy, Education, Energy, Entrepreneurship, Financial Services, Green Region, Health Care, Information Technology, Life Sciences, Logistics, Manufacturing, Medical Devices, Paper Manufacturing, Plastics, Retail, Tourism, Transportation, Workforce
  2. Topics Mentioned

  3. Authors