Boston & New England + Metro Boston + Industrial | June 9, 2021

Legacy Real Estate Acquires Haverhill Industrial Facility for $4M

Legacy Real Estate Ventures has acquired 30 Bond Street, a single-story industrial facility in Haverhill, MASS. The sales price was $4.1 million. The 38,000-square-foot property has been fully leased to Thermo Fisher Scientific since 2002. The property is located in the Ward Hill Business Park.

Debt was provided by Kansas City Life, through Northmarq Capital. The property will be managed by Legacy affiliate Eastport Real Estate Services.

“Thermo Fisher is a AAA credit tenant with a history at the building,” said Jen Price of Legacy Real Estate. “They are currently investing significant capital in the space and are a “sticky” tenant. This property is a solid addition to our portfolio, and we are thankful to Chris Everest at Nordlund Associates for the opportunity.”

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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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