Hudson builder expands with $1.4M purchase
Courtesy/Greater Boston Commercial Properties
New England Infrastructure has purchased its neighboring property for $1.4 million.
Hudson industrial contractor New England Infrastructure purchased the 40,000-square-foot building next to its yard for $1.4 million so it can relocate and expand its business operations, according to the buyer’s representative.
The purchase will expand New England Infrastructure’s total acreage to 9.85 acres, said Bret O’Brien of Greater Boston Commercial Properties, who represented NEI in the purchase.
The acquisition is the third property purchase on Brent Drive in Hudson by NEI Realty Trust, the real estate company of New England Infrastructure. In 2008, the company bought a contractors building at 13 Brent Drive, and it bought a 3.24-acre contractors yard next to 16 Brent Drive in 2014, both with O’Brien’s help. Greater Boston Commercial Properties will now begin marketing NEI’s former 7,000-square-foot building on 1.6 acres at 13 Brent Drive.
The seller and current occupant of 16 Brent Drive, Hypertronics Corp., is downsizing its Hudson operation to office personnel only and will lease back 8,779 square feet of office space at the front of the building. An email sent to Smiths Interconnect, Hypertronics’ parent company, was not immediately returned Thursday.
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