Sub Markets

Property Sectors

Topics

Boston & New England CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Boston & New England  + Metro Boston  + Industrial  | 

R.W. Holmes Closes Deal for Tewksbury Industrial Storage Site

R.W. Holmes arranged the sale of 1628 -1636 Shawsheen St., an industrial storage site in Tewksbury, MA. The three-acre site sold for $2,300,000. R.W. Holmes represented the seller, the Fortier Family, while MassMulch acquired the property.

MassMulch, a growing landscape supply company serving residential and commercial customers across Massachusetts, plans to utilize the site to store materials and better serve its growing customer base.

“Despite its challenges, 1628-1636 Shawsheen offered an excellent opportunity for industrial outdoor storage users to own a site that is just two minutes off the I-93 corridor”, said Mike Ogasapian, SIOR, SVP at R.W. Holmes. “We selected a great buyer that remained steadfast throughout a lengthy permitting process. We are very pleased with the outcome of a collaboration between both buyer and seller.”

Ogasapian, along with R.W. Holmes SVP David Gilkie, SIOR, represented the seller in the transaction.

Connect

Inside The Story

R.W. Holmes

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
New call-to-action