What: 61 Leona Drive
Where: Middleborough
Owner: National Development
Built: 1998
A 75,000-square-foot lease by fitness equipment manufacturer Peloton has brought National Development’s 61 Leona Drive property up to 100 percent occupancy.
National Development acquired the 150,000-square-foot high-bay warehouse and distribution center in 2018 for $9.9 million.
The 22.7-acre property off Interstate 495 and Route 24 has 24 tailboard docks, a showroom and 50-by-50-foot bay spacing. The property has expansion capacity for an additional 50,000 square feet.
They Said It:
“The property is well positioned to facilitate seamless distribution logistics given its attractive in-place infrastructure and immediate highway accessibility,”
— Andrew Gallinaro, managing partner, National Development