Aurora Plastics' Lunenburg site sells for $4M
Photo | Google
Aurora Plastics' site at 140 Leominster Shirley Road in Lunenburg
The Lunenburg site of the manufacturer Aurora Plastics has sold for $4.4 million to an entity registered to a principal of a Littleton manufacturer.
The site at 140 Leominster Shirley Road, at the southern edge of town at the Leominster line, is home to the plastics fabrication company Aurora Plastics' technical center and production facility. Aurora Plastics didn't return a message seeking comment.
The buyer is an entity registered to John Finn and John Finn Jr., both of the address of the Littleton manufacturer Fiba Technologies. The elder Finn is the president of the equipment maker. The seller was an entity registered to Steven Graham of East Longmeadow, the CEO of Toner Plastics in the same town.
The sale, which closed March 31, is a so-called 1031 exchange, a federal tax program for swapping investment properties for tax deferment purposes, according to the deed.
The nearly seven-acre site, with its 48,000-square-foot facility, was last assessed by the Town of Lunenburg at $1.3 million.
WBJ Web Partners
Most Recent
Most Recent
0 Comments