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Boston & New England  + Metro Boston  + Industrial  |  July 12, 2021
David Cohen
By: David Cohen

Avison Young Arranges $3M Sale of Industrial Development Site in Marlborough

Avison Young has arranged the $2.8 million sale of 1000 Nickerson Road, a 12-acre development site in Marlborough, MASS.

The buyer, Lincoln Property Co., plans to build a 120,600-rentable-square-foot (rsf) speculative development at the site designed to accommodate all allowed industrial uses, including flex, R&D and biomanufacturing facilities. The 1000 Nickerson Road property provides direct access to I-495 and I-90 with Downtown Boston and Boston Logan both under a 40-minute drive away.

Jon Pezzoni and Brandon Dickason of Avison Young represented the seller, DBK Realty LLC, in the transaction.

“Our friends at Avison Young were excellent to work with during the sourcing and closing of the 1000 Nickerson Road transaction,” said Scott Faber, senior vice president at LPC. “The LPC development team now looks forward to delivering a first rate new-economy industrial facility to the City of Marlborough.”

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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