Press Releases
Marcus & Millichap Facilitates $7.1 Million Sale of Single-Tenant Industrial Asset in Boston Suburb
April 30, 2025
CANTON, Mass., April 30, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a single-tenant industrial property in Canton, Massachusetts, for $7.1 million.
“We recognized the growth potential for this asset and generated a strong offer that compelled ownership to sell,” said Harrison Klein, first vice president investments. “This sale is a testament to the institutional interest for quality buildings, especially along the Route 128 corridor.”
Klein represented the buyer in the transaction, Seyon Group. The seller, Canton II JB Capital LLC, was self-represented.
Located at 40 Hudson Road, the property consists of a 39,687-square-foot warehouse on 2.67 acres. The building is fully occupied by an electrical manufacturing firm. Situated along the Route 128 corridor, the site is within a major hub for corporate offices, technology firms and distribution centers serving Greater Boston.
“We recognized the growth potential for this asset and generated a strong offer that compelled ownership to sell,” said Harrison Klein, first vice president investments. “This sale is a testament to the institutional interest for quality buildings, especially along the Route 128 corridor.”
Klein represented the buyer in the transaction, Seyon Group. The seller, Canton II JB Capital LLC, was self-represented.
Located at 40 Hudson Road, the property consists of a 39,687-square-foot warehouse on 2.67 acres. The building is fully occupied by an electrical manufacturing firm. Situated along the Route 128 corridor, the site is within a major hub for corporate offices, technology firms and distribution centers serving Greater Boston.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
