A 215,000-square-foot high-bay warehouse in Bridgewater has been sold to GPG Manley LLC, an affiliate of New York-based Turtle Bay Partners LLC.

The property, located at 400 Manley St., is occupied by direct marketers Specialty Commerce Corp. The purchase price was $13.1 million.

JLL’s capital markets group of Managing Directors Frank Petz and Jessica Hughes and Associate George Gregory represented the seller, Clarion Partners.

“400 Manley offered investors an increasingly rare opportunity to purchase a quality, high-bay warehouse within 20 minutes of Boston,” Petz said in a statement. “Although the property will be occupied for the next several years, e-commerce trends have brought newfound tenant demand to Boston, and 400 Manley will be positioned to capture this demand for years to come.”

Bridgewater Industrial Property Sold To NYC Investors

by Banker & Tradesman time to read: <1 min
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