CAMPANELLI COS. ACQUIRES INDUSTRIAL FACILITY FOR $4 MILLION

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NORTHBOROUGH, MASS. — Campanelli Cos. has acquired the Peterson Spring Regional Manufacturing Facility in Northborough in a $4 million sale/leaseback transaction from Peterson American Corp. The 62,500-square-foot property is located at 40 Bearfoot Rd. near Route 290. Robert Cronin of Colliers Meredith & Grew represented the seller in the transaction, and the buyer was represented in-house by Stephen Murphy.

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