Marcus & Millichap Inc.
10/12/2026 | Press release | Archived content
Marcus & Millichap Brokers Sale of Industrial Warehouse in Springfield, Massachusetts
Press Releases
Marcus & Millichap Brokers Sale of Industrial Warehouse in Springfield, Massachusetts
October 12, 2026
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SPRINGFIELD, Mass., Oct. 12, 2026 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of an industrial portfolio of 193, 207, 217, and 225 Liberty St., in Springfield, Massachusetts. The asset sold for $1,075,000.
"This food processing building had been consistently used by a dairy distributor for decades. The new user will significantly renovate the property," said Harrison Klein, managing director investments in Marcus & Millichap's Boston office. "The right user was able to close in weeks, making this a very simple closing for the seller."
Klein and Adam Fuller of Marcus & Millichap exclusively marketed the property on behalf of the seller, a private investor, and procured the buyer, an owner-user. William Ballard from TAG Industrial in Marcus & Millichap's Chicago office referred the opportunity to the team.
The property totals 47,344 square feet across three connected single-story buildings on a 1.62-acre lot. It was built in 1926 and has been utilized for food services and cold storage. The property has nine loading docks, two parking lots, and multiple cooler and freezer spaces that were professionally shut down in May of 2026. It was delivered vacant.
Springfield is a manufacturing and distribution hub with freight rail, Bradley International Airport and Interstates 90, 91 and 291 supporting industrial users. The property is close to the Springfield Union Station, which provides Amtrak service to Boston and New York City.
"This food processing building had been consistently used by a dairy distributor for decades. The new user will significantly renovate the property," said Harrison Klein, managing director investments in Marcus & Millichap's Boston office. "The right user was able to close in weeks, making this a very simple closing for the seller."
Klein and Adam Fuller of Marcus & Millichap exclusively marketed the property on behalf of the seller, a private investor, and procured the buyer, an owner-user. William Ballard from TAG Industrial in Marcus & Millichap's Chicago office referred the opportunity to the team.
The property totals 47,344 square feet across three connected single-story buildings on a 1.62-acre lot. It was built in 1926 and has been utilized for food services and cold storage. The property has nine loading docks, two parking lots, and multiple cooler and freezer spaces that were professionally shut down in May of 2026. It was delivered vacant.
Springfield is a manufacturing and distribution hub with freight rail, Bradley International Airport and Interstates 90, 91 and 291 supporting industrial users. The property is close to the Springfield Union Station, which provides Amtrak service to Boston and New York City.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on October 12, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 15, 2026 at 22:03 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]