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Lundgren Equity Partners, LLC of Auburn purchased the 57,000-square-foot former location of Consolidated Fabrications in Auburn for $3.75 million in a deal brokered by Worcester-based NAI Glickman Kovago & Jacobs.
Lundgren Equity Partners is registered to Barry Lundgren, who co-owns the business behind the Lundgren Honda auto dealership in Auburn.
Lundgren on making the former manufacturing site at 17 Saint Mark St. into an updated distribution building, with warehousing and manufacturing capabilities, by adding loading docks and repaving impervious surfaces among other improvements, according to a Monday press release from Glickman.
The property is in an industrial area just off Route 20 with neighbors such as Consolidated Beverages and New World Van Lines.
The deal was signed on June 6. The seller was GP East LLC, of Lincoln, Neb., an entity registered to Monte Froehlich, CEO of U.S. Property of Lincoln, Neb.
The property was last assessed by the Town of Auburn at $2.5 million
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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