Lincoln Property Company Boston is pleased to announce the sale of the 20,000 SF flex/industrial building at 20 Sonar Drive in Woburn, MA. LPC’s Rob Cronin, Senior Vice President and Jack Fisher, Associate, marketed the property on behalf of the seller. The buyer, Rennscot LLC, offers in-house designed and manufactured products for the automotive industry. Rennscot will relocate their product development and manufacturing business from Cambridge to Woburn and utilize the facility as an owner-user.
“Demand for flex/industrial buildings is far outpacing supply right now. The 128-North market is experiencing a drought of available options in the 20,000-sf-and-under range to meet the demand of small-business manufacturing/R&D users,” noted Cronin.
Landlord Representation Rob Cronin