Press Releases
Marcus & Millichap Brokers $4M Sale of Industrial Asset in Worcester County
February 26, 2026
LEOMINSTER, Mass., Feb. 26, 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 44 Mead St., a 62,259-square-foot, eight-tenant industrial property in Leominster, Massachusetts, for $4 million.
“The sale of this highly visible industrial asset reflects a surge in industrial activity in Worcester County,” said Harrison Klein, managing director investments in Marcus & Millichap’s Boston office. “We’re excited to see the renovation program that the buyer plans to undertake on this unique property, which sits between Durand Cadillac and Leominster Deck Hockey.”
Klein represented the seller, a private investor. The buyer, The Lexvest Group, was represented by Nate Nickerson of Fieldstone Commercial.
The 4.1-acre property includes approximately 100 parking spaces and features 14- to 16-foot clear heights, eight loading docks and two grade-level doors. Located at Exit 100 off Route 2, it is about a half mile from the North Leominster MBTA station with direct service to Boston’s North Station. The site sits adjacent to a Cadillac/GMC dealership and near Dunkin’ and Speedway, providing strong visibility along a primary commercial corridor.
“The sale of this highly visible industrial asset reflects a surge in industrial activity in Worcester County,” said Harrison Klein, managing director investments in Marcus & Millichap’s Boston office. “We’re excited to see the renovation program that the buyer plans to undertake on this unique property, which sits between Durand Cadillac and Leominster Deck Hockey.”
Klein represented the seller, a private investor. The buyer, The Lexvest Group, was represented by Nate Nickerson of Fieldstone Commercial.
The 4.1-acre property includes approximately 100 parking spaces and features 14- to 16-foot clear heights, eight loading docks and two grade-level doors. Located at Exit 100 off Route 2, it is about a half mile from the North Leominster MBTA station with direct service to Boston’s North Station. The site sits adjacent to a Cadillac/GMC dealership and near Dunkin’ and Speedway, providing strong visibility along a primary commercial corridor.
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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.
