Lincoln Freight Terminal sells industrial building for $1.4M

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LINCOLN FREIGHT TERMINAL INC. recently sold a 213,500-square-foot industrial building on nearly 6 acres at 50 Industrial Circle in Lincoln for $1.4 million. / COURTESY SWEENEY REAL ESTATE AND APPRAISAL
LINCOLN FREIGHT TERMINAL INC. recently sold a 213,500-square-foot industrial building on nearly 6 acres at 50 Industrial Circle in Lincoln for $1.4 million. / COURTESY SWEENEY REAL ESTATE AND APPRAISAL

LINCOLN – Lincoln Freight Terminal Inc. sold a 213,500-square-foot industrial building on nearly 6 acres recently for $1.4 million.

The property, at 50 Industrial Circle, was sold to 50 Industrial Circle LLC. The closing was announced Feb. 2.

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The property has two major tenants and a long history of use as public storage. Thomas Sweeney of Sweeney Real Estate and Appraisal represented Lincoln Freight Terminal.

George Paskalis of MG Commercial Real Estate represented the buyer.

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Mary MacDonald is a staff writer for the PBN. Contact her at macdonald@pbn.com.

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