Property At A Glance

70 Industrial Avenue

Lowell, MA

Project Type: Office R&D

Square Footage: 44,000

Date Acquired: 1999

Total Project Cost: $1,000,000.00

Lowell, MA

Abrams Properties Purchased this building from the FDIC in 1999 for a price substantially below replacement cost. Through aggressive leasing and repositioning of the building as a low cost provider of office R&D space, Abrams Properties was able to lease and subsequently sell the building to a single tenant user for an attractive return on capital.

 

 

 

©2009 Abrams Properties, LLC. All Rights Reserved. Questions? Comments? Contact Us. Web site by Design Greater Than, LLC