LINCOLN – A campus of three properties covering 54,000-square-feet has been sold to Great Global Holdings III, a New York-based investment group, for $5.4 million, according to the broker, MG Commercial Real Estate.
The property at 40-44 Albion Road is fully leased. The previous owner was Blue Street Capital. The new owner was interested in diversifying its holdings beyond a mostly retail portfolio, according to Michael Giuttari, the president of MG Commercial.
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The tenants include Colgate Palmolive, Mars, MSC and Thyssen Krupp.
Bank Rhode Island financed the purchase, according to MG Commercial.
Mary MacDonald is a staff writer for the PBN. Contact her at macdonald@pbn.com.
