R.W. Holmes Facilitates $2.3M Industrial Site Sale to MassMulch in Tewksbury

R.W. Holmes, a prominent commercial brokerage firm in Massachusetts, successfully facilitated the sale of a 3-acre industrial site located at 1628-1636 Shawsheen Street in Tewksbury, MA, for $2.3 million. The firm represented the Fortier Family, the seller, in the transaction, while MassMulch, a landscaping supply company, acquired the property. The strategic location of the site, just off the I-93 corridor, proved to be a key asset for MassMulch’s expansion plans.

MassMulch intends to utilize the newly acquired property for material storage, enabling them to better serve their growing customer base throughout Massachusetts. The sale, despite navigating a lengthy permitting process, was considered a successful collaboration between the buyer and seller, as highlighted by R.W. Holmes’ Senior Vice President, Mike Ogasapian. This transaction underscores the continued demand for industrial outdoor storage space in the region, particularly for companies looking to enhance their distribution and operational capabilities.

R.W. Holmes, celebrating its 50th year, is a well-established commercial real estate firm based in Wayland, MA. They specialize in a wide range of services, including property leasing, investment sales, tenant representation, consulting, and asset management, catering to clients from startups to Fortune 500 companies. The firm’s successful handling of the Shawsheen Street sale further solidifies their reputation as a leading brokerage firm in the Greater Boston area.