Kane family sells Marlborough self-storage facility for $7M
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800 Bolton St. in Marlborough
The Kane family of Hudson has sold their self-storage facility at 800 Bolton St. in Marlborough to a Brooklyn company for $7 million.
The seller, Kane Properties Corp. of Hudson, is a company registered to brothers and sisters David Kane, Roger Kane, Jr., James Kane, Jacqueline Kane, Kathleen Adams and Mary Woodford, according to filings with the Massachusetts Secretary of State.
Kane Self Storage was sold to MHC 75 Marlborough MA LLC, which is registered to the Brooklyn, N.Y., address of the real estate management firm Merit Hill Capital. The sale closed Oct. 3.
The facility has 55,000 square feet spread across a dozen buildings. The six-acre site, which opened in 1986, was last assessed by the city at just over $3 million.
Kane Self Storage has three facilities in Marlborough, including 50 Boston Post Road and 55 Maple St.
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