Northampton, MA (March, 2022): Colebrook Realty Services, Inc. brokers sale of 168 & 178 Industrial Drive, Northampton, MA.
Colebrook Realty Services, Inc. announces today the sale of the approximately 58,443 square-feet of Class A Industrial/Flex space in the Northampton Industrial Park along with, a 12,000 SF R&D building, and a 2.10 acre adjoining land site. Kissell Inc. and PVC West Inc. sold the properties to GMS Realty LLP.
The properties, which represent a significant portion of the park’s available industrial space, are highly strategic assets located along I-91, with the I-90 interchange just 15-minutes south. The properties have been fully leased to strong local manufacturing and service companies for many years.
Mitch Bolotin and Ben Bolotin of Colebrook Realty Services, Inc. represented the seller of the property and sourced the buyer. “This is a well cared for Class A office, industrial, R&D portfolio,” said Mitch Bolotin, Principal/Vice President of Colebrook. “The new owners will continue the legacy of good stewardship, and strong occupancy at the buildings.”
About Colebrook Realty Services, Inc.
Established in 1973 as the real estate arm of SIS Bank, Colebrook has been independently owned since 1988. The firm’s emphasis over the past decade has been on leveraging its development and ownership experience to its client services practice, including tenant representation. Colebrook has more than 50 employees serving a wide variety of institutional, corporate and individual clients throughout Western New England. Based in Springfield, Massachusetts, the firm is licensed in Massachusetts, Connecticut and New York.