News & Transactions

Hayes & Sherry Facilitates $2.5 Million Purchase of Building in Westerly Industrial Park

For the second time in six months, Hayes & Sherry is at the forefront of a transaction involving the sale of a significant building in Westerly Industrial Park. In October, the firm, a Cushman & Wakefield alliance member and among New England’s leading commercial real estate brokers, facilitated the $2.5 million purchase of 1 Crosswind Road.

Derek Brazeau and Pete Hayes of Hayes & Sherry represented the buyer – a local individual with ties to the community – in the deal. U.S. Properties Real Estate Services of New London, CT sold the building. Previously, in June, Hayes & Sherry facilitated the sale of 2 Crosswind Road.

Built in 2000 and well situated within the heart of Westerly Industrial Park, 1 Crosswind Road sits on a 2.96-acre plot and features 34,815 sq. ft. of space. Thanks to its layout, the building offers versatility for its usage.

“Through our growing presence in the Westerly and southern Rhode Island market, we were able to identify space that met the very specific needs of our client,” said Derek Brazeau. “We’re able to specialize in all areas of commercial real estate, whether mixed-use, multifamily, office, or medical thanks to the tremendous experience and expertise of our team, and that is especially valuable in an area where we see a lot of untapped potential.”

Hayes & Sherry is a leading commercial real estate brokerage firm in New England and beyond. Its services span commercial leasing, investment sales, property investment analysis, land development, and retail representation. Through its affiliation with Cushman & Wakefield, Hayes & Sherry offers an expanded depth of services supporting client needs across the country and the globe.