90,000-Square-Foot Agawam Ma Industrial Building Sells for $6.4 Million
Jennings Real Estate Services has completed the $6.4 million sale of 609 Silver Street, a 90,000-square-foot industrial
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Jennings Real Estate Services has completed the $6.4 million sale of 609 Silver Street, a 90,000-square-foot industrial building in the Agawam Industrial Park in Agawam, Massachusetts.
The transaction closed on August 7, 2026. The buyer, Applied Chemistries Inc., is an established Agawam company purchasing the facility to relocate and expand its local operations.
The sale completes a 14-year ownership cycle during which Jennings Real Estate Services advised the property owner through the acquisition, leasing and eventual disposition of the building.
From a $1.25 Million Acquisition to a $6.4 Million Sale
Jennings Real Estate Services assisted the ownership group with its acquisition of 609 Silver Street for $1.25 million in 2012.
Over the following years, Jennings helped lease portions of the industrial property to LKQ Corp and Surteco North America. These leasing efforts contributed to the building’s occupancy, operating history and long-term marketability.
Jennings then represented ownership in the 2026 sale for $6.4 million. The sale price was $5.15 million higher than the property’s 2012 acquisition price.
The outcome demonstrates how active leasing, local market knowledge and long-term asset management can help industrial property owners create value over an extended ownership period.
“609 Silver Street is a strong example of the value that can be created when brokerage is viewed as a long-term relationship rather than a single transaction. Our knowledge of the building, its leasing history and the Agawam industrial market helped us connect the property with a local company that needed the space to support its continued growth.”
609 Silver Street Industrial Building Specifications
The industrial facility provides the size and physical features needed to support a range of manufacturing, warehouse and distribution operations.
Property features include:
- Approximately 90,000 square feet
- Eight loading dock doors
- Clear heights ranging from 19 to 20 feet
- 24-foot-by-40-foot column spacing
- ESFR sprinkler coverage in approximately half of the building
- Location within the Agawam Industrial Park
- Access to Route 57 and Interstate 91
The building’s size and configuration made it well suited for Applied Chemistries, which needed a permanent location capable of supporting its relocation and continued expansion without leaving Agawam.
Strategic Agawam Industrial Park Location
609 Silver Street is located in the Agawam Industrial Park, an established business and industrial area serving Western Massachusetts and Northern Connecticut.
Access to Route 57 and Interstate 91 connects the property to Springfield, Hartford and the broader New England highway system. Its location also provides access to the regional labor force and distribution network extending across the Massachusetts-Connecticut border.
For industrial users, these transportation connections can be especially important when evaluating manufacturing, warehouse or distribution facilities.
Limited Industrial Availability in Western Massachusetts
Industrial availability remains limited in portions of Western Massachusetts, particularly for businesses seeking larger existing facilities with functional loading, suitable clear heights and convenient highway access.
These operational requirements can make established industrial buildings attractive alternatives to new construction. An existing facility may allow a company to relocate or expand more quickly while avoiding the time, cost and uncertainty involved in ground-up development.
Jennings worked with the parties to structure a transaction that addressed Applied Chemistries’ operational requirements while delivering a successful disposition for the ownership group.
A Complete Industrial Property Life Cycle
Many commercial real estate assignments begin and end with a single lease or sale. Jennings’ relationship with 609 Silver Street extended across the property’s complete ownership life cycle:
- Assisting with the $1.25 million acquisition in 2012
- Leasing portions of the building to industrial tenants
- Building an established occupancy and operating history
- Positioning the property for sale
- Identifying a local buyer with a long-term need for the facility
- Completing the $6.4 million disposition in 2026
This history gave Jennings direct knowledge of the property, its tenants, physical characteristics and position within the Agawam industrial real estate market.
Frequently Asked Questions
How much did 609 Silver Street in Agawam sell for?
The 90,000-square-foot industrial building sold for $6.4 million. The transaction closed on August 7, 2026.
Who purchased 609 Silver Street?
Applied Chemistries Inc., an established Agawam-based company, purchased the facility to relocate and expand its operations.
How large is the industrial building?
The building contains approximately 90,000 square feet.
What features does the property offer?
The facility includes eight loading dock doors, clear heights of approximately 19 to 20 feet, 24-foot-by-40-foot column spacing and partial ESFR sprinkler coverage.
Where is 609 Silver Street located?
The property is located in the Agawam Industrial Park in Agawam, Massachusetts, with access to Route 57 and Interstate 91.
Who represented the seller?
Jennings Real Estate Services represented the ownership group in the sale. The firm had also assisted with the 2012 acquisition and subsequent leasing of the property.
Jennings Real Estate Services Inc.
+1 413 731 7770
280 Bridge Street
Springfield
Massachusetts
01103
United States
