Quincy, MA based real estate investment firm, The Grossman Companies, has sold one of its holdings, 320 Bowles Road in Agawam, MA.
The buyer, Cardinal Industrial San Diego, Inc. is "a privately held commercial real estate company that focuses on providing best-in-class warehousing and distribution solutions to its business clients and generating long term, stable cash returns for its investors". While they portfolio includes industrial properties across the US, this is their first acquisition in the state of Massachusetts. 320 Bowles is a 129,000 SF industrial building which is fully leased to TW Metals and OMG, Inc..
Nicholas Morizio, SIOR CRE of Colliers in Hartford, CT, represented Cardinal Industrial in this transaction.
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