MANSARD Facilitates Sale of State-of-the-Art Industrial Property in Mashpee, Massachusetts
MANSARD recently completed the sale of an Industrial Manufacturing property in Mashpee, MA worth $1,555,000. The 6,144 square foot industrial property was skillfully designed for business operations that require ample storage, showroom space and service/maintenance. The building features 3 private industrial bays, 672 SF of office space and 3 overhead doors. 14 Wags Road is located in a commercial section of Mashpee Massachusetts directly off of Falmouth Road.
MANSARD secured Aspen Blue LLC, an experienced cannabis cultivation company as the right buyer for the right price Before purchasing was completed, Aspen Blue LLC was unanimously approved by the Mashpee selectmen regarding a host agreement.
The agreement includes a biannual payment to the town of Mashpee equal to 3 percent of gross revenue from sales generated by the industrial manufacturing facility, as well as an annual $25,000 contribution to nonprofit entities for education and drug abuse prevention programs.