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Boston & New England  + Metro Boston  + Industrial  | 
13 Chocksett Road in Sterling, MA

Stan Johnson Company Brokers $4M Off-Market Sale of Sterling Industrial Facility

Stan Johnson Company has completed the sale of a 60,000-square-foot industrial distribution facility in Sterling, MA, for $4.2 million. The Chocksett Road property is fully leased.

Stan Johnson Company’s Erik Lundberg represented the seller, an individual investor based in Leominster, MA. The buyer was NB Partners III LP, a Wakefield, MA-based institutional investor.

“We were able to achieve full asking price on an off-market basis for this property that features a short-term lease in place with Utz Quality Foods,” said Lundberg, associate director in Stan Johnson Company’s Tulsa, OK, headquarters.

The two-story, Class B industrial property was built in 2006 and is situated on 4.8 acres minutes from Interstate 190. Sterling, MA is located just 20 minutes north of Worcester and approximately 40 miles west of the Boston metro area.

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as he makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition
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