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Boston & New England  + Industrial  | 

Colliers Brokers $16M Sale of Industrial Facility in Franklin

Colliers has brokered the $16.4 million sale of a 120,000-square-foot warehouse and manufacturing facility located at 16 Forge Park in Franklin, MASS.

Stephen Woelfel, Kevin Brawley, PJ Foster, John Real and Glenne Bachman of Colliers completed a site selection and acquisition advisory assignment on behalf of the buyer, medical device contract manufacturer, Tegra Medical. The seller was Condyne/Westport Corp.

“We are very appreciative of the Colliers team for their unwavering commitment and thorough examination of the market during both of our transactional experiences with them,” said Craig Campbell, CFO at Tegra Medical. “They have played an instrumental role in helping us execute our strategy and worked undeterred by the challenges brought on by COVID-19 right as we were trying to finalize the purchase.”

For comments, questions or concerns, please contact David Cohen

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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.

  • ◦Sale/Acquisition