Industrial Redevelopment Project w/ Addtl 264 Acres Raw Land

Description:

Redevelopment opportunity available in Russell and Huntington, MA, minutes from the MA Turnpike and Westfield State University. The package includes a +/-158,870 gross SF former industrial mill building, known as the Texon plant, and the adjacent parcel comprising +/-264 acres of mostly wooded land. The properties sit on US Route 20, a busy route connecting the Hampden County and the greater Westfield area to Berkshire County. The MassBroadband 123 fiber optic line runs parallel to Route 20, providing possible connectivity for a data center or new businesses.

The building features multiple loading docks and drive-ins, along with +/- 30ft ceiling height in some areas. The building parcel also features ample paved parking/trailer turnaround area, plus +/- 1,100ft of frontage along the Westfield River, providing for potential water usage or recreation. When in use, the building had (1) 3,000 KVA 3,000 AMP service with min. 3-Phase capability and (1) 2,500 KVA 1,600 AMP service.

The adjacent land sits primarily in the town of Russell, with a small portion in the town of Huntington. Several rough-cut roads allow for access in various directions. Areas of the parcel with higher elevations provide great views.

Many state and federal incentives are possible, including historic registration and associated tax credits.

Ownership is open to non-sale proposals, including partnerships/joint ventures. The properties are also listed separately for lease.

Great redevelopment opportunity in a centrally located area connecting the residential and manufacturing hubs of Springfield/Westfield to the recreational hubs of the Hilltowns and the Berkshires.