REBusinessOnline

DICKINSON SELLS HYSTER HQ FOR $6 MILLION

BILLERICA, MASS. — Quincy, Mass.-based Dickinson Development Corp. has sold an 87,200-square-foot office building located at 159 Rangeway Rd. in Billerica for $6 million. The building serves as the headquarters of Hyster New England, which sold the building to Dickinson in 2000 in a sale/leaseback transaction. In this transaction, the building was acquired by 159 Rangeway Road – Billerica LLC. Gary Lemire of CB Richard Ellis brokered the transaction.

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